IMX 80% move Incoming? Strong Case for Head @ Shoulders setup.
Not financial advice and all charts are posted under current market conditions . Please do your own research.
IMX has a strong setup here that has me to believe a leaning head and shoulders setup is playing out with entry in the range of around .50-.52c. I believe below this was a bear trap and as long as .50c area holds we can aim for a target of around 1.00-1.11 range upon completion of head and shoulders. You can even take profits as it moves up. Again .50c is key to hold overall. Risk to reward favors Reward by roughly a little over 80% . Not to shabby. Also of note we are holding the bottom channel of the Gaussen channel currently with the bottom of that channel spiking up. Also a great sign. Lots of hype and and good crowd backing behind this project. Comment like and follow and for more market insights come see us at exmostudy
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