Ok I may have let emotions get away from me but boy did this break out and I got a buy buy buy signal out of the box! I had to place 3 orders to get in. I should have been paying attention to this instead of writing about IOTA. But none the less, if your a scalper, or trader the buy signal just hit. Retraced perfectly to the 4th wave, bounced to the upper channel consolidated and took off quickly. I caution that we may get a pullback to the box, so pick entry points carefully. I bought a 1/2 position already and will fill the other half on any pullback. Good luck in the pits today!!!
Note
To be fair, I posted yesterday that this was a sell. I was incorrect as I had the retracement labeled wrong. I have updated that chart to reflect this. Even the best are wrong from time to time and I am no different. Good luck in the pits today. My buddy is going to be giving me Hell Today for this one ;)Note
I have updated the graph with a clearer picture.
Trade active
I hope you are watching OMG for a setup!!!
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.
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.