the move was a retest of the supply zone which was up to the 3rd wave. there are no buyers up here. im looking for a min short back to the handle that broke out (cup/handle) please see my other charts where I called this 40% move
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the cloud was used to find this 40% run in labu
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here is where I saw the 40% move
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target reach, now time to short
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im looking for 6.22 near the wave 2
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I have a $78 target for
XBI
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this is the link to the live 4hr chart for xbi
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price action + chikou spann double bottom
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buy signals on labd
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price action holds here that would be double bottom, even better w/ double chikou spann bottom..
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labd set up
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labu levels to watch
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xbi, I dont see X leg holding the retest
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monitoring labd
Trade closed: stop reached:
taking profits added labu calls and xbi for long scalp
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will take profits from the long scalp near 86.14 xbi and close out both labu/xbi long scalps
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