VictorSoares

IOTA USD, 2 Scenarios; Quick 15% Profit or Avoid Correction

VictorSoares Updated   
BITFINEX:IOTUSD   IOTA
Two Possible Scenarios Developing (Follow-up on the previous successful trade, 10% Increase Profit)

Scenario 1 - Quick 15% Profit (Pink Lines)

IOTA breaks strong resistance at 4.45$, previously tested three times = Entry Point

1st Profit Target (10%) = 4.90$

2nd Profit Target (15%) = 5.10$


Scenario 2 - Avoid Correction (Black Lines)

IOTA doesn't breaks strong resistance at 4.45$, previously tested three times.

Stop-Loss = 3.70$

High- Risk Stop-Loss = 3.55$

Buy-Back Entry Point = 3.00$



Feedback is always welcome and appreciated.

THIS IS JUST AN IDEA AND MY OPINION, NOT INVESTMENT ADVICE!


Trade active:
1st Profit Target Reached @ 4.9$

Trade is active, I believe we will see above 5.1$ in the next hours.
Trade closed: target reached:
2nd Profit Target Reached @ 5.06$ (Didn't make it all the way to 5.1$)

I'm posting follow-up soon.
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