LONG: IOTA
On a slight pullback within the forming bullish triangle pattern, it's a perfect time for a long entry.
Since whe are in no mans land price wize and thus already broke previous resistance, I used fib extensions to determine profit taking targets.
Since whe are in no mans land price wize and thus already broke previous resistance, I used fib extensions to determine profit taking targets.
Trade closed: target reached
Both targets hit! Nice trade
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.
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.