LTCZ19 shows a bearish divergence on multiple timeframes and also harmonic patterns suggesting it is time for a short. Rejected from the .67 r-point level. Targeting 0.368 area to take partial profits, as it aligns with a fresh support. Similar setup to EOSZ19 .
Kill zone to short would be in the area between 1.618 and 2 (ideal entry which might not be reached anymore) of the fibs we we revisit this area. Personally I entered a small short @current price here and spread more within the kill zone
Kill zone to short would be in the area between 1.618 and 2 (ideal entry which might not be reached anymore) of the fibs we we revisit this area. Personally I entered a small short @current price here and spread more within the kill zone
Trade active:
Of course I meant the 0.618 are, sorry I was drunk and confused it with some numbers from another chart. 0.006448 I am goint to take a first profit 6335 I will close.
Trade runs as expected
Trade runs as expected
Trade closed: stop reached:
This one was a loser.