Lorenz_Capital

IOTA - Long Trade Setup

Long
Lorenz_Capital Updated   
BITFINEX:IOTUSD   IOTA
There appears to be a nice wedge break coming here - with a great risk/reward ratio.
I'm taking the trade:

Bid $1.00
Stop $ 0.77
TP $1.50

Risk: 1/4 normal risk

Refer to my related idea below to see that i called this correction in IOTA way back - Now i feel we are entering buy territory again.

starting small, and scaling in.

Comment:
IOT/BTC chart gets the all clear!

Comment:
$H looks like it already got a wedge break and re-test. Getting pretty excited about this one guys.


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