Evening Traders,
Today’s analysis – IOSTUSDT – trading above it Local S/R where an impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Increasing Volume
IOSTUSDT’s immediate price action is impulsive, trading above a key location, allowing for a bullish bias.
The Swing High is the immediate objective, exceeding this level increases the probability of a trend continuation.
The current volume profile is on an increase, follow through is critical for a continued momentum.
Overall, in my opinion, IOSTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
Today’s analysis – IOSTUSDT – trading above it Local S/R where an impulse is probable,
Points to consider,
- Price Action Impulsive
- Local S/R Support
- Swing High Objective
- Increasing Volume
IOSTUSDT’s immediate price action is impulsive, trading above a key location, allowing for a bullish bias.
The Swing High is the immediate objective, exceeding this level increases the probability of a trend continuation.
The current volume profile is on an increase, follow through is critical for a continued momentum.
Overall, in my opinion, IOSTUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Trading mastery is a state of complete acceptance of probability, not a state of fight it.”
― Yvan Byeajee
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— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.