LQTY ANALYSIS (1D)

LQTY seems to have started an ascending diametric from where we entered the "Strat" on the chart.

We now seem to be in wave E. Wave E appears to be an abc or more complex pattern. It is expected that we will see upward movements after the completion of wave b of E.

A flip area is formed on the chart. The completion of wave b of E should be on this area.

Closing a daily candle below the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Zlecenie aktywne:

After returning to the green box, it was pumped and the first target was hit.

Note that below the invalidation level we did not have a candle close

Zlecenie aktywne:

TP 2 was also hit.