TiborVrbovsky

ICON Quick 15m Breakout trade!

Long
BINANCE:ICXUSDT   ICON / TetherUS
Hey, I am back with another Forex idea, this time looking at ICX.

As you may know ICX is breaking out, and currently is about to perform another leg up.

So the price has been going down in a very tight selling channel, this is a indication of bears exhaustion, buy in the support area or market buy into the breakout.

Good luck with this trade, I am taking a part in it!

Cheers,

Tibor
Comment: The first step of breaking out is RSI above 60, which we now have on 5 min time frame, this gives a buy signal.
Trade closed: target reached: My take profit level has been hit! +15%
0.7139
Comment: In the case you are still in, this looks like a bull flag breakout is ahead

Comments

it will go a lot i think. keep holding a lot
+2 Reply
TiborVrbovsky justinazei
@justinazei, It has potential, because it broke major resistance area few days ago, but I will be satisfied with 15%
Reply
justinazei justinazei
@TiborVrbovsky i will go for 200% :p with tp
Reply
is the target 0.70?
+1 Reply
TiborVrbovsky mosaab444
@mosaab444, Yes below 0.715$
Reply
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