On LTCUSD, a correction (4th wave) can be expected after reaching our respected non-horizontal trendline. If the price goes into a corrective phase, then our Long-position Trigger would be around our support, (200-205) levels, and it will be the beginning of the final impulse of this 3rd motive wave.
And if the price breaks the ATH, we can BUY with more confirmation and with even bigger lot sizes.
@DDAS, Usually 3 is the longest and of course the 3rd wave isn't finished yet. This is just a drawing and the 3rd wave can of course go further. For more detailed, we invite you to check out our YouTube channel where a full-analysis video was posted. Enjoy !