looks like ltc is loosing some steem. on the day chart and on the 4 hr chart looks as if the market is going to be roling over soon. when goes one goes all it seems
my sl is 118 entry is @113 and tp is 106... on monthly and weekly there is bearish momentum... on monthly the hma has crossed the bb avg that is bearish tendencies. the weekly candels dont show a compreshion posture its looking for direction it seams.. if you look at it on a daily tmframe it is falling off a cliff... this is a longer term position timeframe is...
i have my stop loss just above the candle so that my risk reward is in line aprox 1:2 risk reward. the hma is trending down with a show of contraction and a large move to the down side... you can see the bb has really blown out and price is riding along the hma acting as resistence also with the "death" cross showing berish trend looks like strong buying has been...
