Technical analysis by milikgroupy_tv about Symbol ICP: Buy recommendation (8/10/2025)

milikgroupy_tv

Long Setup: ABC Correction Completion & Bullish Order Block Reaction Analysis Overview: Price has completed a corrective ABC structure, with point B forming after a liquidity sweep below prior lows. This aligns with a strong bullish Order Block (OB) zone, suggesting potential for a reversal. Key Points: BOS (Break of Structure) confirms bullish intent after the sweep. Point B sits inside the demand zone / OB, providing confluence for a buy setup. Projected target (Point C) aligns with a major supply zone and previous structural highs. Entry & Targets: Entry: Near point B after bullish confirmation in the OB zone. Target: 26.982 (upper supply zone & projected C wave completion). Stop Loss: 4.266 (below liquidity sweep low). Risk-to-Reward: Favorable R:R with strong technical confluences. Notes: This setup relies on bullish continuation from the demand zone. A clear break and close below 4.266 would invalidate the idea.