LQTY ROADMAP (2D)
Before anything, pay attention to the time frame, the time frame is big.
From where we put the red arrow on the chart, it looks like the LQTY correction has started.
This appears to be an ABC correction with a more complex pattern now that we are in wave C.
Wave C appears to be a diametric diamond. We are now in the middle of wave E of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We have such a view on LQTY.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
From where we put the red arrow on the chart, it looks like the LQTY correction has started.
This appears to be an ABC correction with a more complex pattern now that we are in wave C.
Wave C appears to be a diametric diamond. We are now in the middle of wave E of this diametric.
It can move from the red box to the green box.
We are looking for sell/short positions in the supply range.
We have such a view on LQTY.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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