Just now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately.
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
This was a pretty straight forward signal on LTCUSD. Nice short signal appeared close to the top of an S/R zone around 85.00.
Price hit the initial close range target and like ETHUSD continued to drop, stalling around the 72.00 level. Also like ETHUSD, LTCUSD is at a significant S/R level going back to the June and July, which was initially established way further back in November and December of last year.
Support has has been holding, and while I personally am waiting for a clear long signal on this currency, I will definitely be taking the recent downtrend and Signal Stream signals into account.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
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