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AlEis
Nov 16, 2017 4:07 PM

IOTA - rising wedge - bearisch pattern  Short

IOTA / DollarBitfinex

Description

IOTA has been rejected at $0.82 (0.819 BFX). It is now forming a rising wedge and I expect a retrace to $0.60-$0.62 area.
Good to reload this area, 3-6 term this is well above $1.00


This is NOT trading advice.
*Perform your own due diligence.
*Trading decisions should not be made based on this information.
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Trade closed: stop reached

Broke out. Trade closed
Comments
Sofsayen
Why do you think it will retrace so low ?
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