ATOM Daily ICI pattern
Updated
TECHNICAL: In the daily impulse defined by the Fibonacci, there is only one candle that is not related (circled white). This area will be monitored on intraday timeframes to determine entry for the completion of the ICI (impulse correction impulse) pattern.
Note
UPDATE: entry was triggered and made a break for the upside. When the market broke to the upside we placed our stop loss at entry. The market ended up stopping us out at a break even trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.