IOST Set-up For Sniper Trade

IOST has been enjoying an increase in volume, it recently got rejected at the previous high, and we might be able to do a sniper trade at the 0.618 retrace.

A limit buy order at 0.006232 area might get tagged and then you drop the nuke on the bounce.

A retrace to 0.005459 is less likely though it has stronger support.

Which support is the question.

העסקה בוטלה באופן ידני:

Successful Trade.

הערה:

This trade can be repeated at 0.786 fib support.