XBI is running into head & shoulder pattern

14 Eki 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 Eki 2016

Not

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

17 Eki 2016

İşlem aktif

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 Eki 2016

Not

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

20 Eki 2016

Not

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

25 Eki 2016

İşlem elle kapatılmış

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

28 Eki 2016

Not

this could be a perfect reversal signal

30 Eki 2016

İşlem elle kapatılmış