Hello Everyone welcome to this update. I'll keep it short.
IOST is forming a double top pattern in a daily time frame which is usually a bearish pattern. Also, it breaks the resistance of $0.6458. So it is the perfect time to enter the short position.
#SHORT ENTRY:- $0.62-$0.64
TARGET1:- $0.5338
TARGET2:- $0.4098
SL:- $0.6844
Leverage:- 3x-5x
RISK:REWARD:- 1:6
Please hit the like button if you agree with this setup.
This is not financial advice. DYOR before investing.
Thank you.
IOST is forming a double top pattern in a daily time frame which is usually a bearish pattern. Also, it breaks the resistance of $0.6458. So it is the perfect time to enter the short position.
#SHORT ENTRY:- $0.62-$0.64
TARGET1:- $0.5338
TARGET2:- $0.4098
SL:- $0.6844
Leverage:- 3x-5x
RISK:REWARD:- 1:6
Please hit the like button if you agree with this setup.
This is not financial advice. DYOR before investing.
Thank you.
Trade closed: target reached
Target1 hit. 90% profit with 5x leverage.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.