LITECON UPDATE - SHORT SETUP

now that daily bullish engulfing is what I have been expecting if this was going to be a wave 4-green Triangle. We now have a new invalidation level ($84.18) which presents us with a better risk reward ratio than before (3RR).

PREVIOUS ANALYSIS

OTHER ANALYSIS

Bình luận:

Kindly reduce risk by adjusting the stop loss to the previous swing high $83.46. That's the deal breaker for this position if it really wants to go the time is now. LTCUSDT

Bình luận:

Waiting patiently for this to either hit Take profit or stop loss (by the way the stop loss has been reduced to $83.4 reducing the risk drastically to 3.10% thereabouts.

This scenario below will be out next focus if the short setup fails and the spot bag we've been holding will cover up. LTCUSDT

Bình luận:

Đóng lệnh: dừng lỗ:

trade closed at -3.10% on LTCUSDT
this scenario seems likely now. We wait on our spot bag and we will recover the loss after all the spot bag is till in profit