[ IOTA intra ] bullish pennant or just a wedge?

Another nice bullish pennant / wedge forming in IOTUSD this time i learn from my mistakes and put the stops at reasonable positions. lacking any usefull targets on the upsides i took the fibo as fallback which also matches nicely with the downside target.

Trade attivo

Commento:

first push went exactly down to 0.5 and bounced there. but the direction stays bearish. Time to trail the stop a bit to 0.312.

Trade chiuso: stop raggiunto