IMX 80% move Incoming? Strong Case for Head @ Shoulders setup.
Not financial advice and all charts are posted under current market conditions .
Please do your own research.
IMX has a strong setup here that has me to believe a leaning head and shoulders setup is playing out with entry in the range of around .50-.52c.
I believe below this was a bear trap and as long as .50c area holds we can aim for a target of around 1.00-1.11 range upon completion of head and shoulders.
You can even take profits as it moves up.
Again .50c is key to hold overall.
Risk to reward favors Reward by roughly a little over 80% .
Not to shabby.
Also of note we are holding the bottom channel of the Gaussen channel currently with the bottom of that channel spiking up. Also a great sign.
Lots of hype and and good crowd backing behind this project.
Comment like and follow and for more market insights come see us at exmostudy
Please do your own research.
IMX has a strong setup here that has me to believe a leaning head and shoulders setup is playing out with entry in the range of around .50-.52c.
I believe below this was a bear trap and as long as .50c area holds we can aim for a target of around 1.00-1.11 range upon completion of head and shoulders.
You can even take profits as it moves up.
Again .50c is key to hold overall.
Risk to reward favors Reward by roughly a little over 80% .
Not to shabby.
Also of note we are holding the bottom channel of the Gaussen channel currently with the bottom of that channel spiking up. Also a great sign.
Lots of hype and and good crowd backing behind this project.
Comment like and follow and for more market insights come see us at exmostudy