IOTA formed really textbook 5-wave textbook move to the upside, then formed nice 3-wave WXY correction, so another big 5-wave move cycle to the upside should begin, we should go at least somewhere below 0,3 USD. There are currently two possible stop losses, the safest one is below invalidation level, however RRR isn´t that great, or you can put stop loss below "Y", then you get really high RRR, however correction still might continue and we can get one last leg to the downside and finish WXYXZ corecction.