IOTA/USD (Falling Wedge)

2018年5月20日

Looking like a falling wedge pattern leading to support between $1.6 & $1.7, and that's where the buy zone is going to be in this trade.
RSI is showing bullish divergence on the 4h chart, I think it is likely we see another low here before we breakout from the pattern.
Favourable Risk to Reward here
Entry: @ $1.68 - $1.61
Stop-Loss: @ -8%
TP1: @ $1.96,
TP2: @ $2.10,
TP3: @ $2.26,
If IOTA manages to break the pattern to the upside before getting filled, buying the breakout would give a lower Risk-to-Reward value, but I think it still would be a good trade to take. :D

2018年5月23日

交易結束：達到停損點

:P
That's the reason you should have always have stops, I did not expect this to dump this hard and ended up getting stopped here.

2018年5月31日

註釋

Oh that's annoying XD
Of course we needed to stop me out before the pump.

2018年5月31日

註釋

This would of been a much more valid drawing of the wedge mb XD