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
Comment:
Fibonacci agrees as well C:
i.imgur.com/iyGjPpT.png