IOTAUSD | Parabolic move ends for now?

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We see a clear Elliot wave structure with a possible completion of wave 5 in conjunction with a major resistance zone. The 4H candle also looks bearish, enough reasons to open a short position.

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ملاحظة

Smaller TF update

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تم فتح الصفقة

smaller TF update: looks like wave 2 is forming, the volume is very low expecting a move soon.