Long

IOTA/USD Triangle on 4h

By AlexeyEfimik

Updated

A good risk/reward play on 4h. ON the break of the small 3rd resistance line i will inniciate the trade. RIsk: ~0.6 or 500 IOTA for my risk tolerance. Holding time: up to a week.

Note

Top resistance line is ugly.

Note

tradingview.com/chart/eVOG4Odc/
Long initiated.
Bought at a clean bounce from the lower resistance.
Base price 3.7744

Trade closed manually

Got stopped out

Trade active

RE entered at@3.7500 Stop was triggered at 3.6999

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