LTCUSDT The main logic behind this trade is that we have a clear higher-high and higher-low structure, while on the lower timeframe, we can see a strong upward move followed by a proportional correction.The final bearish leg has formed a clear wedge, which gives us a reasonable expectation of a potential move to the upside.
This is a trigger-based position, so we only enter after the trigger is confirmed. However, the negative 4-hour histogram is still an important risk factor.
Therefore, proper risk management is essential, and I recommend following this trade with caution and avoiding excessive risk.
⚠️ Risk Disclaimer
This is just our market view, not financial advice.
Markets are risky, so trade carefully and manage your risk.
Dara Golbon
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Dara Golbon
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.