LTC retrace targets: Update

5 may 2018

Based on the slightly higher top than expected, I have adjusted my entry zones.

LTC has been liking the 382 fibs, worth noting for future consideration.

5 may 2018

Nota

This is an adjustment to my previous plan posted here:

6 may 2018

Nota

I might have missed a scalp entry.
But there will probably be more correcting early next week.
So will see how Sunday goes and keep an eye on the zones.

6 may 2018

Nota

Perfect bounce down from weekly pivot (green)
LTC is not diving like BTC just did, a very good sign.
So am going to load some limit buys in my first green zone

6 may 2018

Nota

Per my updated TA above, I did buy some in the darker green zone.
Have now sold 60% of that position, with trailing stop on rest.
If it keeps going, then I will let the trailing stop protect remaining profits.
If it hits my stop, I will re-evaluate at that time....

7 may 2018

Nota

just scooching the stop upwards.

7 may 2018

Nota

Trailing stop hit, trade closed.
Will look at next zone, possibly for a better bounce

7 may 2018

Nota

Back in the zone, but I think it will break this time, so will watch next zone, or sings of reversal here with a ''double bottom'' maybe (but not likely)

7 may 2018

Nota

Fine tuning my next green zone:

7 may 2018

Nota

Approaching my next zone.
Down momentum is strong.
Will need to see what the 382 does.

7 may 2018

Nota

Watching for signs of buyers

7 may 2018

Nota

Looking like an ok bounce.
Not convincing, but sellers look to be gone for now.

7 may 2018

Nota

Been watching this 382.
LTC has been hitting the 382 fibs and reacting.
Lets see what this one does.

7 may 2018

Nota

LTC has been playing the 382's lately.
I think we may be bouncing here for real now.

7 may 2018

Nota

Well, it went a little lower than expected (dont that always?) but bounced.
Now just trailing stops, or might add on dips. Planning options now....

8 may 2018

Nota

Bought a little at the possible wave A end, just in case that WAS the bounce. But still wary of a wave C to complete the ABC

8 may 2018

Nota

LTC looking break out of its cage.
If it busts out soon, then it will prolly rocket, at least until Europe wakes up.

8 may 2018

Nota

Up Periscope please

8 may 2018

Nota

Argh, fake break and then drop.
Typical for this time of day, around EU/UK market openings.

8 may 2018

Nota

.
150 test inbound.
Approaching my next zone to watch.
Have fined tuned the range.

9 may 2018

Nota

.
Thinking we might get a little bounce before 150, perhaps only to fall to 150 after, or maybe turn just north of it since there will be a lot of buyers waiting there (so deny them the ride from the bottom). So I might put some limit buys in my smaller green zone

9 may 2018

Nota

LTC is hugging the .382's again.
148-150 ends a Crescendo of wave 5's.
Cant wait to see what happens

9 may 2018

Nota

.
This plan has worked out well for scalps.
Now I am just wondering if this was THE bounce?

9 may 2018

Nota

.
I still think a 150 test is needed.
And based on those results, I might go ''all in'', or not...

10 may 2018

Nota

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LTC stuck at this 382

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if it cant break 160 today, it might need to retest 150

10 may 2018

Nota

LTC approaching my area of interest.
I was hopping for a retest of 150.
Will watch price action here.

10 may 2018

Nota

Fine tuned target I am watching for

10 may 2018

Nota

Moment of Truth

11 may 2018

Nota

Has LTC found the bottom?
Sellers are spent if you ask me.

13 may 2018

Nota

Decision point for LTC
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