Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.731). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . ICXUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
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- IHS on Higher Time Frame is forming Inverse Head & Shoulder Pattern. - ICX need to stay above on $0.43 on 4 HR Candle closing time. - Target = Height of IHS. Other comments on charts.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . ICXUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
-Forming Triangle over higher timeframe. - Waiting for it to complete ABCDE Waves. - Will look for long entry on the touch of triangle support.
update on bottom chart charts are for my self and not a call will typeout later to caputure my toughts
ICX / USD Short-term price analysis ICON has a bullish outlook over the short-term, with the ICX / USD pair attempting to move back towards its current 2019 trading high. The four-hour time frame shows that a head and shoulders pattern has started to take shape, with bulls now trying to invalidate the bearish pattern. Technical indicators on the four-hour time...
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