Last Short Trade for IOTA to Complete ABC correction
Updated
Looking at small time frame, its looks like we have arrived to a over bought region and mid to long term time fram of up to 1 D TF, looks like its unable to break above 50 RSI. Looks at shorting anywhere 1.0744 to 1.0822. TP expected at 1.012 which is the 1 to 1 extension of ABC correction wave.
Comment
Can't believe how many spelling mistakes I made earlier as I was trying to update the chart as quickly as possible.Looking at small time frame, it looks like we have arrived to an overbought region and mid to long term time frame of up to 1 D TF, looks like its unable to break above 50% RSI . Look at shorting anywhere 1.0744 to 1.0822. TP expected at 1.012 which is the 1 to 1 extension of ABC correction wave.
Trade closed: target reached
First Scalp completed and closed at 1.035. Next waiting for recoil and will go in at around 1.055 to 1.065. ladder your shots guys
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