IOTA short term trade idea
Realy nice trade stetup with 1:2.5 RRR ratio
Note
We can see oversold RSi on several timeframes. On the 30m we have a bullish divergence on it as well.As we are in low volume node at the moment, we are very likely to go to retest the value area from the bottom. Risk 1%, Reward 2.5%. Nice and clean.
Trade closed: stop reached
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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.