LTC Swing Long Setup - Positioning Early for Breakout

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Limit swing long placed on LTC based on consolidation above higher timeframe support and compression below a descending trendline. The setup targets a potential breakout continuation, with defined invalidation and a clear take profit ladder. Risk is tight, reward to risk is strong, and capital protection is included.

I am entering before full confirmation due to the price squeezing near support. I accept the chance of a failed breakout in return for early entry and better reward to risk.

The setup combines both daily and one hour timeframes. The daily shows structure holding above support and pressing into the trendline. On the one hour chart, the 0.236 Fibonacci level has held after an impulsive move, with high volume support around 84 to 85. A higher low is forming locally.

Limit Swing Long LTC.
Entry: $84.25
Stop-Loss: $81.70
Total risk: 1% of account capital.

TP1: $86.80 (30% – early profit, reduce risk). Move SL to $84.7.[R: 1.00]
TP2: $91.70 (40% – take out most capital) [R: 2.92]
TP3: $103 (20% – trend continuation) [R: 7.35]
TP4: $124 (10% – moonshot runner) [R: 15.59]


Take profit one locks in gains and reduces exposure. Take profit two is the main target near resistance. Take profits three and four aim for continuation if the breakout develops. Stop loss is placed below structural support and the 0.236 Fibonacci level, far enough to avoid noise but close enough to protect capital.

DISCLAIMER: I am not providing trading signals or financial advice. The information shared here is solely for my own documentation and to demonstrate my trading journey. By openly sharing my process, I aim to put pressure on myself to stay focused and continually improve as a trader. If you choose to act on any of this information, you do so at your own risk, and I will not be held responsible for any outcomes. Please conduct your own research and make informed decisions.

Feragatname

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