$IOTA LONG SETUP | 1H
A controlled retracement is forming a potential long entry.
Entry zone: 0.05378–0.05407
Stop loss: 0.05237
Targets: TP1 0.05605 (1.36R) / TP2 0.05696 (1.94R) / TP3 0.05824 (2.76R)
Scale out: 20% / 30% / 50%
Considerations: 15M entry confirmation is incomplete; estimated EV is -0.55R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
A controlled retracement is forming a potential long entry.
Entry zone: 0.05378–0.05407
Stop loss: 0.05237
Targets: TP1 0.05605 (1.36R) / TP2 0.05696 (1.94R) / TP3 0.05824 (2.76R)
Scale out: 20% / 30% / 50%
Considerations: 15M entry confirmation is incomplete; estimated EV is -0.55R, below the active threshold.
Status: Watchlist only — wait for confirmation before considering the setup.
