Larsen & Turbo from 2 June 2020My view will be on buy side above the support level 945 .. if not broken then i will not trade since it will be in no trade zone ... view on 15 - 45 min and 1 hourly is negative .. I think there will be massive resistance to downside at-least till 915 ... after that look for sell
LTO trade ideas
LT Pass 880 and Fly Well pretty similar to other graphs out there looking to bounce with
targets of 936
1034
1184
1363
LTF golden cross on the 4hr with the 50 day crossing the 99 day expecting 200 MA to come down to 1034 and be our first area of profit taking .
May just leverage long this in the morning with a good position size since its fairly close to my point of invalidation .
Ideal to go all in for a swing if you are planning on with a loose SL of 777.
Larsen & Turbo Testing Lower Value, What next ?Larsen & Turbo As you can see it can't break there resistance level at 830 and seen its fake break, now trading below their resistance level, You can short below Previous Candle Closing, Easy target 800: 785: 770, Sl Is closing high of the previous Candle at 850.
Thanks