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Chibuike_Odoh
2020εΉ΄12月10ζ—₯午後8ζ™‚59εˆ†

IOSTUSDT - Weekly analysis  ロング

IOST / TetherUSBinance

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IOSTUSDT is printing the inverse head and shoulders trend reversal pattern on the weekly timeframe.
Buy entry ⬆️ - breakout above the inverse head and shoulders neckline resistance.
Target 🎯 - Resistance level.
Setup invalidation ❌ - breakdown below the inverse shoulder support.
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Franchino23
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Hi, thanks for your charts . I have a question , with your price target and set up invalidation the R/R is very poor , what do you think about that? Best regards
Chibuike_Odoh
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@Franchino23 Your setup invalidation isn't really your stop loss. It just means the setup isn't valid anymore.
Your stop loss can be much closer for a better R/R
Franchino23
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@Chibuike_Odoh, ok thank you
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