IOTA broke up this triangle📐 and I think there is chance for run to 2.38 and even higher. Just bought at 1.63.
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
- ENTRY: below local high @ 1.663
- SL: local low @ 1.47
- TARGET: height of the triangle projected from midpoint of the local range (LOCAL HIGH - SL) @ 2.38
- RRR: 4.6
- INVALIDATION: when SL level hit
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Comment:
I forgot to remove the RRR measurement tool, it messes the chart a bit. So below is clean version without it.
Trade closed: stop reached:
SL hit. Market got slammed in general.
