Trade setup is as usual. Check the targets on the chart.
Above. We have experienced an impulse. It has driven LTC above 1hr kumo supports. The t-k lines are breaking bull and both heading upwards. Chikou span struggling with the kumo barrier it is in.
Above. The impulse has pushed the price up and out of the kumo and well above the t-k lines, which are currently overlapping and attempting to cross bull. They are tilting upwards, however, which is a promising sign. The future looks bright with a thick kumo's spans turning upwards slightly.
Above. A beautiful bounce on the base line, up and above the tenkan-sen, and up we go. With a very enticing future by the looks of the kumo supports being drawn.
Comment:
Be wary of rejection anywhere near NT or our previous all time high.
Comment:
LTC is surging towards NT with momentum after making a new all time high. I am very optimistic about this trade.