LT LONG.

Jun 23, 2021

LT has been in a nice uptrend, continuously making higher highs and higher lows. After the recent pullback to the 20 EMA , a nice continuation candle has formed. A long can be initiated keeping in mind the following levels, only if it sustains above long level for 15 minutes.

LONG ABOVE : 1505
STOP LOSS : 1469
TARGET 1 : 1541
TARGET 2 : 1577

Jun 29, 2021

Trade active

Jul 13, 2021

Trade active

Has made two higher lows on the daily timeframe after the initiation of out trade,
the structure is setting up for a fast move towards target 1.

Keep watch. :)

Jul 14, 2021

Trade closed: target reached

Target 1 reached at 1541, after 15 trading sessions. It would be prudent to trail stop loss to cost, convert this into a risk free trade.

Keep watch for target 2. :)

Jul 18, 2021

Trade closed: target reached

Target 2 has been reached at 1577 on 15-07-21, LT has pushed past its resistance at 1600 and has closed at an all time high of 1618.