Daily Divergence on ICON
Updated
Daily and 3D divergences noted on numerous indicators. Volume is decreasing on a down move suggesting end of selloff and imminent reversal.
Note
Also worth noting, 4hr chart shows potential inverse head and shoulders with corresponding volume profile suggesting a reversal sooner rather than later.Note
Failure of Descending Wedge.... Sell Volume increasing.... If Divergences on OBV and OBV are invalidated, this is less likely to be a shakeout before up move and we will prob see more red.
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