Greg_007

IOTA/USDT - take out the low and go

Long
BYBIT:IOTAUSDT.P   IOTAUSDT Perpetual Contract
This an example where we form the fib compression pattern and then we take out the low to grab the liquidity and continue the trend.
We clearly bounced after taking out the low, so we're good to enter now to aim for TP1 at a risk to reward of more than 3.

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