How I'm trading the IOTA Triangle
Updated
The waves are perfectly hitting the fibs. Never seen a trade setup more clearly.
Note
Updating to say we are very much still on track. We are gaining multiple support levels on the RSI and are very near the 'bullish' zone (65+ on the RSI.) Have not needed to adjust any part of the chart yet. Note
Price action is currently consolidating between the .5 and .618 retracement levels. The RSI is also beginning to break down established supports. While this doesn't invalidate a breakout of the triangle, we are quickly losing our sell target area, if the price is to reach the .382 level as previously noted.
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