IOTA November 15 Technical Analysis, Long Buy in $0.62 $0.68, T1 $0.91, T2 $1.09,

November 16, 5 AM update -----------------------------------------------
Price has bounced from $0.736 to $0.76 temporarily. I'm expecting a slightly deeper retracement still, though we must wait patiently to re-enter. The target price is still applies 100%, though the retracement entry price may change if it does NOT retrace further. Be extremely watchful and have good entry. I'll keep you all updated.

November 16, 9 AM UPDATE --------------------------------------------
I suggested an entry price around $0.62-$0.68, but the lowest we got was only $0.706. I have entered at $0.72

NOV 16 11 AM UPDATE OPPORTUNITY IS OVER. We hit $0.88 as our wall. Another trade successful.
Update Over ---------------------------------------

Still a very bullish sentiment in IOTA market. Based on fib extension 1:1, we're gunning for $1.27+ long term. Short term target is $0.91

RISK TO REWARD 2.08 :1
ENTRY PRICE $0.62-$0.68
TARGET 1 = $0.91
STOP LOSS = $0.51
PROBABILITY = 60-70%
CHAIN TO GAIN = 42%
CHANCE TO LOSE = 20%
TIME FRAME 5-8 DAYS

FLIP A COIN OVER TEN GAMES EXAMPLE
OUT GAMES WITH RR 2.08 :1
WON 50%, LOSS 50%
EACH WIN = $208
EACH LOSS = $100
5 WINS @ $208 = $1040
5 LOSSES @ $500 = $500
PROFIT = $1040 - $500
TOTAL PROFIT = $540

Please always remember we trade using probability and not all trades are winners. We manage our risk with stop losses and try to win over time. Those that don't understand this, and expect only to having winning trades, will always lose money over time.

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