IOTUSD - 25% Cyclical Trade? Last Leg Down?
Updated
Hey traders!
I'm looking at this short trade as we continue to trade below the EMA50. Some very interesting market structure here, and we can see a potential breakdown of this descending triangle.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
I'm looking at this short trade as we continue to trade below the EMA50. Some very interesting market structure here, and we can see a potential breakdown of this descending triangle.
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
Comment
Almost hit out TP!Trade closed: target reached
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