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tapasdhanadana
Mar 27, 2020 4:20 AM

IOSTUSDT Buy the Retest Long

IOST / TetherUSBinance

Description

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

👍

Comment

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
Comments
tapasdhanadana


NEOUSDT short/sell trade
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