IOTA Potential long setup
Previous setup made some gain, now continue to grab the opportunity and been patient till correction is over. Miss the falling wedges breakout trade but there always a retracement and REMEMBER it.
TA:
- Golden ratio zone
- Formation of 3rd of 3rd subwave
TP:
1:1 for 3rd wave (never the shortest wave)
Previous high with around 1.27% extension
Break previous high for 1.618% extension
Conclusion:
RR is resonable as long my count (2) is holding well
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve.