texan0711

Strictly technical

Long
texan0711 Mis à jour   
BITFINEX:IOTUSD   IOTA
In a stricly technical view of IOTA we have a pennant. 4 H Chart.

Pennants are the workhorses of the day trader. They perform an invaluable service by marking the midway point in a move.
However, if a pennant is not accompanied by a flagpole, then it's not a pennant. Also, performance depends on a strong price trend leading to the pennant.
Trade fermée: cible de profit atteinte:
Worked out well. It may go back all the way to 0.35, 0.36. after that we are going up again.
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