ICON / BitcoinLong
ICX 2HR CHART - Two possible scenarios
Updated
ICX has been trending nicely within its descending wedge & now I see two possible scenarios.
We can see a couple little bush candles pop up and so I think;
1. To break above the top trend line & continue its journey in completing a Cup pattern as shown.
2. Bounce off the trend line and continue its wedge trading pattern for another possible buy back in opportunity..
Please let me know what you think.. I'm open to constructive criticism.
We can see a couple little bush candles pop up and so I think;
1. To break above the top trend line & continue its journey in completing a Cup pattern as shown.
2. Bounce off the trend line and continue its wedge trading pattern for another possible buy back in opportunity..
Please let me know what you think.. I'm open to constructive criticism.
Note
Pleased ICX broke out early.Possible flag pattern & continuation to the upside.
Trade closed: target reached
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