On the 4-hour chart the trend started on May 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.1763
But do not forget about SL = 0.2256
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
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Updated idea for iota pair. The border of the pattern has expanded, and there is convergence. We are also on the border of the local microtrend. From here you can go on an aggressive strategy, a conservative trigger will break the boundaries of the flag
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