IOSTUSDT Buy the Retest
IOSTUSDT Buy/Long
Waiting Restest for Entry
On smaller timeframe H1 IOSTUSDT brokeout a triangle pattern with less volume, it may indicate a fakeout.
Let the price make a retest to to breakout zone and a retest is must likely because the volume is not big enough and let the RSI come to a neutral zone then buy if it reverses from the breakout zone.
Entry Price : 0.003155 - 0.003180
Stop Loss : The previous low or 4%
Profit Target : T1 & T2 (15% < 25%)
Risk / Reward Ratio : 1:6
👍
Waiting Restest for Entry
On smaller timeframe H1 IOSTUSDT brokeout a triangle pattern with less volume, it may indicate a fakeout.
Let the price make a retest to to breakout zone and a retest is must likely because the volume is not big enough and let the RSI come to a neutral zone then buy if it reverses from the breakout zone.
Entry Price : 0.003155 - 0.003180
Stop Loss : The previous low or 4%
Profit Target : T1 & T2 (15% < 25%)
Risk / Reward Ratio : 1:6
👍
Note
If price breaks below the trend support line it will turn bearish. Only enter when it reverses buliish with big volume.Order cancelled
Pattern Invalidated. Didn't took entry
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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.
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.