Litecoin Bullflag setup. 35% trade 6:1 risk to reward ratio

2017年12月21日

Litecoin appears to be in a big bullflag pattern on the 2 hour chart, which could be a set up for a big move up. This type of pattern indicates a higher than average chance for a bullish move. Entry above bullflag trend line $315, to Fibonacci extension 1.61 which is around $430. 35% Profit. Stop below $300 , risk to reward ratio 6:1

Entry= $315

Target- $430

Stoploss- $300

2017年12月22日

取消訂單

Yea this particular trade did not play out, never hit the entry criteria.