ICT: Wait until it hits the support line

ICT fell by almost 10% last Friday to close at 93.00 Based on our chart, it seems to hit the support line soon somewhere around 90 – 91. If you look at the channel it is currently trading, the lower slope seem to be a strong support. Last time it bounce from this line was when we saw a Harami pattern then next was a Hammer. It is important to wait for a candlestick formation before entering so don’t be in a hurry to catch it.

Caveat!

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