Wyckoff VSA Structure Notes $IOTX (1D):
Spot buyers absorb supply in the support area $0.0160 - $0.0163, followed by a low-volume supply test.
We enter gradually within the range $0.0160 to $0.0163, with an exit limit if the daily candle closes below $0.0145. The initial capital protection target is at $0.0253 (return ratio 5.8 : 1).
Independent spot trade journal notes (DYOR).
#IOTX #BinanceSquare #WyckoffMethod #RiskManagement
Spot buyers absorb supply in the support area $0.0160 - $0.0163, followed by a low-volume supply test.
We enter gradually within the range $0.0160 to $0.0163, with an exit limit if the daily candle closes below $0.0145. The initial capital protection target is at $0.0253 (return ratio 5.8 : 1).
Independent spot trade journal notes (DYOR).
#IOTX #BinanceSquare #WyckoffMethod #RiskManagement