IOTA going to triangle breakout
Aggiornato
As you can see on the chart I entered at the retest of the ascending trendline, I believe this to be a triangle breakout forming, it'll probably pull back to the ascending line one last time before breaking.
I have set a stop loss below this, in case it goes the other way.
I have also set 3 take profit points. TP1 I will remove 25% of the trade and move stop loss to break even. TP2 I will remove 25% of the trade and stop loss will move up again, and TP3 I will remove the remaining 50%.
I do this because I don't like leaving trades on overnight, and I often see new opportunity when trades are in profit and decide to move to those. Having multiple TP's gives me an opportunity to lock in profit, and look at those other trades whilst not losing the opportunity of this trade also.
I have set a stop loss below this, in case it goes the other way.
I have also set 3 take profit points. TP1 I will remove 25% of the trade and move stop loss to break even. TP2 I will remove 25% of the trade and stop loss will move up again, and TP3 I will remove the remaining 50%.
I do this because I don't like leaving trades on overnight, and I often see new opportunity when trades are in profit and decide to move to those. Having multiple TP's gives me an opportunity to lock in profit, and look at those other trades whilst not losing the opportunity of this trade also.
Nota
TP2 on the lowest line should obviously be TP1Trade chiuso manualmente
broke out... but the wrong way. Trade closed small loss
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