IOST SHORT SETUP PERFECT ENTRY FOR: 1:6 RR
Updated
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.
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