IOST has been enjoying an increase in volume, it recently got rejected at the previous high, and we might be able to do a sniper trade at the 0.618 retrace.
A limit buy order at 0.006232 area might get tagged and then you drop the nuke on the bounce.
A retrace to 0.005459 is less likely though it has stronger support.
Which support is the question.
A limit buy order at 0.006232 area might get tagged and then you drop the nuke on the bounce.
A retrace to 0.005459 is less likely though it has stronger support.
Which support is the question.
Trade closed manually
Successful Trade.Note
This trade can be repeated at 0.786 fib support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.