Potential long entry on $LIT
Trade plan:
Entry 3.3887 - 3.4492
Take profit 3.5615 / 3.6755
Stop loss 3.2870
LIT is targeting the daily high with aggressive buying; momentum favors an attempted breakout here.
Be cautious: the hourly RSI is clearly in extremely overbought territory, increasing the likelihood of a false breakout at the daily high.
Never risk it all, mate. Use a position size that suits
Trade plan:
Entry 3.3887 - 3.4492
Take profit 3.5615 / 3.6755
Stop loss 3.2870
LIT is targeting the daily high with aggressive buying; momentum favors an attempted breakout here.
Be cautious: the hourly RSI is clearly in extremely overbought territory, increasing the likelihood of a false breakout at the daily high.
Never risk it all, mate. Use a position size that suits
