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.
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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.