ICLR: Bullish Setup at Strong Support with 1/10 Risk/Reward
ICLR has been in a historical bullish trend 📈 and is currently positioned at a strong support zone, offering a potential buying opportunity. There’s a potential local double bottom formation, and the last candle is a bullish engulfing pattern 🔥, signaling a possible upward reversal. Over the past few months, volume has increased, indicating growing accumulation. With the all-time high (ATH) not far away 🎯, the risk/reward ratio to ATH stands at a favorable 1/10. This setup presents a promising opportunity for a bullish move toward new highs. 🚀https://www.tradingview.com/x/Wep0eVov/
Based on these ideas I trade personally. 📊 +16% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Based on these ideas I trade personally. 📊 +16% made in 7 months! 🚀Check my stats and portfolio on eToro: etoro.tw/47ZBg2r
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.