Using the (1m) Bullish Crab to enter the (1H) Gartley, the trade has reached 32R for a total of 5R overall profit secured.
The Bulls need to retrace, Bearish Butterfly to assist, Hedging time.
IOTA has had a really nice run up in price recently which has lead to it missing a number of central pivots (2 daily / 1 weekly) which lead me to take a closer look. When I did I saw that I dragged a fib and saw price react off the 78.6% level which looks to be like B in and ABCD of a Butterfly.
The Butterfly could turn at 1.272 or 1.618 extension, once price...