Long

LITUSD - Wait For The Trigger!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

LITUSD is approaching strong support in blue and non-horizontal support in brown so we will be looking for buy setups on lower timeframes.

on M30: LITUSD formed a valid channel in red but it is not ready to go yet. We want the buyers to prove that they are taking over by breaking above the last high (projection in purple)

Trigger => Waiting for a momentum candle close above the last high (gray zone)

Until the buy is activated, LITUSD would be overall bearish and can still trade lower.

Good luck!

~Rich

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