Pattern: Triangle
There is evidence of a triangle pattern in IOTAs 1hr chart. Since we are in an upward trend I believe the Breakout will be Bullish, but like any other trade the market will decide the outcome.
Recommended Guidlines to Follow:
- Wait for the Break Out
- Open your position by following the trend
- Set your target limits
**Always set your stop losses when long
I wish you massive profits on all your trades,
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.