ICX is currently forming the last shoulder of the head and shoulder pattern, expect a breakout following my white lines.
Breakout of the head and shoulder pattern should lead us to our first take profit area (green dotted line) and complete the cup/handle pattern.
From there we can watch for a breakout of the cup and handle or if volume fails, wait for a retest and possible breakout.
Ive labeled what I consider likely paths.
Posted on discord server first (currently private)
message for invite
Breakout of the head and shoulder pattern should lead us to our first take profit area (green dotted line) and complete the cup/handle pattern.
From there we can watch for a breakout of the cup and handle or if volume fails, wait for a retest and possible breakout.
Ive labeled what I consider likely paths.
Posted on discord server first (currently private)
message for invite
Note
Fundamentalsi.imgur.com/iyGjPpT.png
Note
Fibonacci agrees as well C:
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Related publications
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.