New IOTA Triangle Pattern H1

11 Ara 2017

Greetings traders! As you can see, IOTUSD reveals a new triangle pattern. In this case, price can go up or down, so I recommend to open two stop orders. Volume is decreasing, which supports triangle pattern confirmation. At the moment, MACD is revealing a new bearish tendency, this can mean triangle breakout will occur at 3.9, but we should wait for more information.

Recomendation: Set a BuyStop and a SellStop order.

My BuyStop: 4.34017
BuyStop TP: 4.81144 (Hal the height of the triangle)

My SellStop: 3.89244
SellStop TP: 3.41139 (Half the height of the triangle)

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12 Ara 2017

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IOTA testing triangle breakout.

12 Ara 2017

İşlem kapandı: hedefe ulaştı