Following ICT Trading concept.
Bounce on 1D OrderBlock. (could get little bit lower). Also Bounced on OTE (Optimal Trade Entry) Using ICT Fibonaci settings.
Targets are per ICT OTE Fib rules... Look good. Last TP is also an Bearisch Orderblock on Daily.
I will keep update you guys. Im Bullisch on IOST. Also bcz the very big Volume explosion a couple of days...
IOST exited from neutral zone and ready to grow up,
best time to get long position,
don't forget set your best stop loss,
T1 = 0.004428
T2 = 0.004540
T3 = 0.004740
...
Tx = If downtrend line are break up I'll saying targets in comments.
The pattern used to be called a double bottom.
The cricket was interpreted as a dragon.
The purchase zone is marked in green, and stop loss set immediately after entry.
Priceline of IOST / Tether US has formed a bullish Gartley pattern and entering in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for...
There may be a move up.
But I'm worried about the bearish divergence (white lines)
Indicators in a downtrend.
Better Time Out With IOST
and if your hands itch, you can buy with a 4620 satoshi stop
IOST was broke trend with high volume and retest perfectly.
Seem we have double potental bottoms with adam and eva pattern.
If IOST can finish the pattern, profit may reach about 250%
Priceline of Internet of Services / Tether US is forming a bullish shark pattern and soon the price action will be entered in potential reversal zone.
RSI is oversold.
I have use Fibonacci sequence to set the targets.
Buy between: 0.008236 to 0.008022
Sell between: 0.008426 to 0.008844
Regards,
Atif Akbar (moon333)
