ICX 2HR CHART - Two possible scenarios

18 Nis 2018

ICX has been trending nicely within its descending wedge & now I see two possible scenarios.
We can see a couple little bush candles pop up and so I think;

1. To break above the top trend line & continue its journey in completing a Cup pattern as shown.

2. Bounce off the trend line and continue its wedge trading pattern for another possible buy back in opportunity..

Please let me know what you think.. I'm open to constructive criticism.

18 Nis 2018

Not

Pleased ICX broke out early.
Possible flag pattern & continuation to the upside.

6 May 2018

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