FX_Academy

ICX/USD further increase could be invalidated

Short
BINANCE:ICXUSD   ICON
ICON failed to stabilize above the lower median line (LML) of the ascending pitchfork and now is trading in the red again. It is expected to drop to retest the outside sliding line (SL) of the ascending pitchfork. A valid breakdown will confirm a broader corrective phase. Another long opportunity could appear only after the SL retest and after an important bullish movement.

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