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LTCM20 - Downward wedge forming - few long options
Downward Wedge has been forming on LTC, It is also approaching a low demand zone
Options 1 & 2 looking for break and retest.
Two possible entry points, either around 5790 mark on the retest from the break out,
otherwise wait for 5890 resistance to break for the 2nd entry.
Option 3
Limit order set at top of demand block for a longer term long to previous high.
Trade will be managed with several TP's (5890, 6047, 6180) as it progresses.
Trade option 1 expected to play out within a day or so option 2 within 2 days from entry,
trade 3 possibly upto a week.
#mba #schoolofsparta #mbatradingacademy #sos #tafriday
Options 1 & 2 looking for break and retest.
Two possible entry points, either around 5790 mark on the retest from the break out,
otherwise wait for 5890 resistance to break for the 2nd entry.
Option 3
Limit order set at top of demand block for a longer term long to previous high.
Trade will be managed with several TP's (5890, 6047, 6180) as it progresses.
Trade option 1 expected to play out within a day or so option 2 within 2 days from entry,
trade 3 possibly upto a week.
#mba #schoolofsparta #mbatradingacademy #sos #tafriday
交易結束：目標達成
As you can see this trade went pretty well, with long Options 1 and 2 playing out
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。