Now the signal is Long and after reaching the target it will start its bear cycle. Crab pattern is known for trend reversal.
Present condition: Symmetrical triangle created bullish cycle and is going to the target
Present condition: Symmetrical triangle created bullish cycle and is going to the target
Trade active
Concentrate on the LONG part now. As the reversal comes after reaching the point D by forming the Crab patternTrade active
LTC is moving to the top. Another leg.......Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.