This is how i will trade LTC
Wait for the retracement to complete wave 2 enter on trendline break.
Stay in the trade for a traget of $400 if price gets below wave 2 low after long entry I will close the trade.
This trade was great - first we got short at w5 and we are running all the waves short.
Lets see if we can hold and grap all waves to the end and then back up into the old high.
Stay disciplined and accept losses. For your information i only win 36% of the time but i have large gains and they make up for all my losses.