ICT on multi-decade support - Bullish
The chart you see here is
ICT
and it just tested a multi-decade lower trendline that started in 2008. I can see us trading sideways for one more test, potentially, before a big up.
We've just tested the 61.8 (to the pin) of this retrace and I expect sideways consolidation.
ICT
and it just tested a multi-decade lower trendline that started in 2008. I can see us trading sideways for one more test, potentially, before a big up. We've just tested the 61.8 (to the pin) of this retrace and I expect sideways consolidation.
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Here is a zoom on recent action
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NOTE: this is a LOG chart.