IOTA Potential long setup

in cryptocurrency •  7 years ago 

Previous setup made some gain, now continue to grab the opportunity and been patient till correction is over. Miss the falling wedges breakout trade but there always a retracement and REMEMBER it.

TA:

  • Golden ratio zone
  • Formation of 3rd of 3rd subwave

TP:

  • 1:1 for 3rd wave (never the shortest wave)

  • Previous high with around 1.27% extension

  • Break previous high for 1.618% extension

  • Conclusion:
    RR is resonable as long my count (2) is holding well

TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve.

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