EuroMotif

LTC retrace watch (scalping tf) Chikun to go below 60 again?

EuroMotif Mod מעודכן   
COINBASE:LTCUSD   לייטקוין
Just quick plot to see how the EW and Fibs play out.
Thus far the ABC retrace seems to be in play.
הערה:
Argh, I had skipped this -0.618 extension originally because I thought it would push down a little harder to the top of previous high with would also be the 0.786. It still might I guess, but that bounce off the 0.618 was pretty decent
הערה:
Looks like the first scenario may have been the correct one not the exact bounce I had calculated, but clear support in the first green zone.

I am recalculating based on the movement since, and will post an update once I have something concrete.
הערה:
Sorry, forgot to update this trade, thought I had but only did so in Chat www.tradingview.com/...c-9675-d37a65ce955e/ I closed my position just shy of $63.50, when it hit a cluster of fibs including the all important 4.236 extension of wave 5 push. Now I am looking for a retrace, will post a new idea for next long entry options.

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