LTCUSDT๐ฅ "Bear Flag"
#LTCUSDT๐ฅ
Hello everyone๐
โซ๏ธA "bear flag" pattern has formed on the 12H chart. It can be seen that the upper part of the pattern was tested with a false extension upwards, to be more precise, the stops were removed and now the price is moving to the lower border.
Sample deal plan:
๐กEntrance $52
๐Take profit 45.10$
โ๏ธStop-loss $56.30
โช๏ธThe deal in SHORT to the lower border of the pattern, with a successful breakdown, you can move the take profit to $41.40
Hello everyone๐
โซ๏ธA "bear flag" pattern has formed on the 12H chart. It can be seen that the upper part of the pattern was tested with a false extension upwards, to be more precise, the stops were removed and now the price is moving to the lower border.
Sample deal plan:
๐กEntrance $52
๐Take profit 45.10$
โ๏ธStop-loss $56.30
โช๏ธThe deal in SHORT to the lower border of the pattern, with a successful breakdown, you can move the take profit to $41.40
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