AlexeyEfimik

IOTA/USD Triangle on 4h

Long
AlexeyEfimik Updated   
BITFINEX:IOTUSD   IOTA
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.
Comment:
Top resistance line is ugly.
Comment:
www.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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