IOTA has been in a well defined frame fulfilling an "ABCDE" structure... well, not totally because "E" is still missing.
That is why our plan A is going to meet the "E" appointment in the $ 3 area.
If IOTA decided to try to break that "frame" it would come up against a strong resistance so we should be careful.
For the time being I will wait to see how it respects the descending angles and when reach "E" I will evaluate the strength of a possible upward movement.
(Obviously if he goes crazy and decides to attack the resistances and breaks them we will have to make a new plan.)
I wish everyone the best!!!
That is why our plan A is going to meet the "E" appointment in the $ 3 area.
If IOTA decided to try to break that "frame" it would come up against a strong resistance so we should be careful.
For the time being I will wait to see how it respects the descending angles and when reach "E" I will evaluate the strength of a possible upward movement.
(Obviously if he goes crazy and decides to attack the resistances and breaks them we will have to make a new plan.)
I wish everyone the best!!!
Nota
Here I made a mistake.I'll wait to see how it develops however I made a mistake because I broke my own rules by tracing the descending angle before confirming the movement.
***Confirmation comes at the crossing of Gann's 2x1 angle (red)***
So restructuring the original plan I will forget about the descending angle and wait for the confirmation.
// It is very important to respect the rules of our trading strategy //
Nota
Can we believe IOTA ?? ....I do not think so .. let's give it more time
Nota
Finally getting to the "E" level... let's see how he behave with the supportTrade chiuso: obiettivo raggiunto
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.