IOTA / TetherUSShort
IOTA range
so here we have a consolidation on the daily , but at a crucial point on the monthly - remember candlesticks are economic data so your basically looking at fundamental analysis just put so simply infront of your eyes, you dont need to go read cpi reports or know the outcome of nfp - just read candlesticks.
I have marked both scenarios as i dont have an ego to where i think it will go i just have marked my split level , which ever decision it makes to do - if respect trade to the range high ad if it breaks then trade the continuation or if it breaks the 0.27 then you know its going lower - simple
I have marked both scenarios as i dont have an ego to where i think it will go i just have marked my split level , which ever decision it makes to do - if respect trade to the range high ad if it breaks then trade the continuation or if it breaks the 0.27 then you know its going lower - simple
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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.