I think a very good trade can be setup as it looks like lately patterns looks like busted descending triangle.
Trade is active at price around 29 cent.
Good setup with good R:R.
Trade is active at price around 29 cent.
Good setup with good R:R.
Trade active:
Good start so far
Comment:
Iota does this strange wicks very often. So if you had stop-loss, you are stopped. I don't set stop loss on iota trades because of these strange wicks, i close only when the price closes below the stop area
Trade closed: target reached:
Enjoy your profit