LTCUSDT : Trading inside current triangle.
Our today's Academy setup is found on the LTC / USDT pair.
On the time frame H1 we see a nice triangle and also the current trend line inside the triangle.
If this line is broken, the price will test the bottom line of the triangle.
Otherwise, when the price respects the trend line, we can go in the direction of Long.
However, we determine this on the chart in the lower time frame, ideally M15. More information will be shared with our students and followers.
Thank you for your attention and have a nice day and Happy trading.
@Alex_UCT
On the time frame H1 we see a nice triangle and also the current trend line inside the triangle.
If this line is broken, the price will test the bottom line of the triangle.
Otherwise, when the price respects the trend line, we can go in the direction of Long.
However, we determine this on the chart in the lower time frame, ideally M15. More information will be shared with our students and followers.
Thank you for your attention and have a nice day and Happy trading.
@Alex_UCT