Possible opportunity to catch an upswing on LTC, ideally would like to see a sharp pullback in the next day or two down to .236 and meet our trendline at the same time. This would make me confident if we hold the trend support, that we will be safely headed back up in the coming weeks. Where to is a good question. With a triangle forming, we are likely to wedge to .618 or possibly .5 for a scare, then break out towards 1.618.
This is only speculation, not financial advice. No guarantees, only possibilities.
Use published ideas to gain motivation to make then verify your own analysis, not as system of trade signals. Fear is a mind killer. Goal #1 - Protect your account. Goal #2 - Do the thing you were born to do, overcome fear. Through analysis comes confidence. Through confidence comes knowledge. From knowledge comes wisdom.
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