The Bullish Flag is just one piece of the puzzle. See the full technical breakdown.
Bullish continuation if preceding move was up.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break downwards.
ICE is showing interesting structural developments at $162.04. With a last close of $162.04, volatility remains active (-1.38%). Price action has carved out a classic Bullish Flag. The trend indicator is reading 18.5/100, suggesting moderate momentum. A potential breakout level is identified at $168.2, targeting $199.97 with support near $157.78 (R:R 3.05).
What is your outlook on ICE?