XBI is running into head & shoulder pattern

14 thg 10, 2016

lets form the Right shoulder, it is good opportunity to scalp a long to 64.24 which happens to be in the clones level. Watch closely to see there is no further decline over neckline.

16 thg 10, 2016

Ghi chú

looks every time when RSI dip to around 30, the bottom is formed. Finger crosssed, watch Monday closely.

17 thg 10, 2016

Giao dịch đang hoạt động

SRPT pulled this down somemore, SRPT did mess the XBI chart, but I am ignoring the neckline violation. The h4 hammer was a good sign to long. Trade with caution.

18 thg 10, 2016

Ghi chú

technically we are still at the neckline, closed my position. will re-enter if it clear 60.81

20 thg 10, 2016

Ghi chú

s3.amazonaws.com/tradingview/snapshots/e/eNYCjA3u.png bottom build is in progress, this might resume the right shoulder build. Watch closely.

25 thg 10, 2016

Giao dịch được đóng thủ công

This not valid for the moment, could be sideways, caution and keep an eye on it

28 thg 10, 2016

Ghi chú

this could be a perfect reversal signal

30 thg 10, 2016

Giao dịch được đóng thủ công