ICX has been in a nice little ascending channel since January 22nd, and I think it's once again time for it to test the bottom of the channel. It's a bold strategy, lets see how it plays out for me.
I am waiting for ICX to test, retest and finally reject the range of 0.7949 to 0.8007. If that happens, ICX should Zigzag towards my two targets.
Target #1 = 0.7735 Target #2 = 0.7521
This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades!
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