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IOTA
Short
Aug 20, 2017
IOTA head and shoulders
6
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IOTA appears to be forming the right shoulder of an H&S formation. Needs to top out here, drop quickly, and break the neckline for confirmation.
Target 1: .45 usd (Textbook H&S drop, .236 FibRet)
Target 2: .40 usd (completion of bubble cycle and return to trendline )
IronKnight
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Chart Patterns
IronKnight
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