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 support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.834
TP2= @ 0.912
TP3= @ 0.977
TP4= @ 1.067
TP5= @ 1.185
SL= Break below S2
โค๏ธ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the ๐ LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
โค๏ธ Your support is very much ๐ appreciated!โค๏ธ
๐ Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, โค๏ธ
ForecastCity English Support Team โค๏ธ