LTC Potential Long setting up - wait for trigger, 29 July 2017

in #litecoin7 years ago

Litcoin Long 2017-07-29_22-48-22.png

Entry Trigger is that It must break above the current daily bar high
If there is no entry trigger (break of high) then don't take the trade.
Tight stop loss below the same daily bar low.

Risk Reward approx 4:1

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waooo very helpfull LTC Potential Long setting up Now i am UpVoted And Following!!

Thank you my friend but wait before entry - we need confirmation - it must go above current daily high

Glad to hear that Come join us on our launch if you haven't already done so http://cryptotradingmastery.com/

Would trading above the current daily high invalidate the potential head and shoulders that the chart looks like?

For me, the shape of the market is not showing a Head and Shoulders (although i see what you are saying) . If you look on the higher timeframe, daily the picture is more clear.

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