ICX will break out soon up or down. Has strong support at .116 and could be ready to make a 5th wave.
Risk/reward looks good to trake this trade before or after it breaks out.
The count and possible break-out gets rejected if support is broken.
Risk/reward looks good to trake this trade before or after it breaks out.
The count and possible break-out gets rejected if support is broken.
Comment:
We allready broke .1155. Now we have to wait and see if the trendline holds if it doesn't we'll have to recount and see how low we can go. Might even go back to sub .095