XBI is running into head & shoulder pattern

2016年10月14日

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.

2016年10月16日

註釋

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

2016年10月17日

交易進行

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.

2016年10月18日

註釋

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

2016年10月20日

註釋

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

2016年10月25日

手動結束交易

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

2016年10月28日

註釋

this could be a perfect reversal signal

2016年10月30日

手動結束交易