diamong bottom reversal ltc/krw (short term)
If it plays out it should rise the height of the diamond which also hits off of a previous longer time frame resistance line. I'd expect a retrace here
Of course I wouldn't enter this trade until the breakout upper of the diamond
As the title suggests, you can see some longterm standard movements here in LTC/KRW . (similar to USD)
first - double top was pretty obvious, with a big correction to near 200,000krw around January
second - double bottom, obvious gain with the recommended increase in dosage.. double double
now - huge falling wedge/channel
It broke out but formed a rising wedge...