CathartesCapital

LHA - UPCOMING TRADE SETUP

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XETR:LHA   LUFTHANSA AG VNA O.N.
LHA seems to have done a wxy correction down meaning we should expect an impulse up next. I am waiting for a wave 2 correction to finish and then will look to enter a long position. Based off likely wave 2 targets, this trade will have about a 68% upside potential, and if it were to hit SL, the loss would be -24%. At this point just keep an eye on the wave 2 and wait for completion.
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