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tangman
Dec 31, 2017 2:52 AM

IOTA... tight stop, low risk trade. Long

Description

I have been somewhat bearish on IOTA for a few days, expecting a further crash. However, I have deep respect for my ability to be wrong.

Seeing IOTETH recovering and poking above the triangle apex here, good risk-reward. Close stop. Fast, dangerous, close stop. Happy New Year.

Comment

I hardly ever see a chart go all the way to a triangle's apex, down to the last hours. Looks like all moves have been rejected. Curious behavior, I wonder if some large players are forcing it to be. We'll see what happens.

Trade active

Added to position.

Could be happening.

Comments
ThankUKind
nice catch mate, hope you did well. Happy new year
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