Busted descending Triangle at Iota (IOTAUSDT)

I think a very good trade can be setup as it looks like lately patterns looks like busted descending triangle.

Trade is active at price around 29 cent.

Good setup with good R:R.

İşlem aktif:

Good start so far

Yorum:

Iota does this strange wicks very often. So if you had stop-loss, you are stopped. I don't set stop loss on iota trades because of these strange wicks, i close only when the price closes below the stop area

İşlem kapandı: hedefe ulaştı:

Enjoy your profit