XBI Hitting Channel Bottom with Strong Reversal Candles
Waiting for sideways consolidation and a small double bottom for confirmation.
Entry @ Approx 82.95 within a day or two after a second small bottom peak. Stop @ Approx 81.25 Exit @ Approx. 86
Risk maximum of 2% Reward approx 3.7%. Can increase investment once channel starts to trail upwards.
Entry @ Approx 82.95 within a day or two after a second small bottom peak. Stop @ Approx 81.25 Exit @ Approx. 86
Risk maximum of 2% Reward approx 3.7%. Can increase investment once channel starts to trail upwards.