Potential rally upcoming after this IOTA breakout

4 hour time frame, we clearly broke out from this falling wedge to the upside. Here is my high leverage position setup.
I will keep updating this setup unless we hit stop loss

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Update: Our TP level of 1.16 is near. rally is up and running as expected.

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Update: We hit our first target and are currently retracing

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Update: Sideways action for now with a symmetrical triangle being formed in lower time frame