IBB is potentially a giant weekly short. I'd like to go short at the open, or if we get a slight retrace, with stops at 257.58.
Target is as low as 207.70, at the ver least. You can see the previous weekly signal on chart to the left, it hit the target and even exceeded it after confirming the decline as per the 'Time at mode' method.
You may pick your preferred bearish strategy, feel free to comment too.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Target is as low as 207.70, at the ver least. You can see the previous weekly signal on chart to the left, it hit the target and even exceeded it after confirming the decline as per the 'Time at mode' method.
You may pick your preferred bearish strategy, feel free to comment too.
Check out my updated track record here: pastebin.com/6CyyqnPT
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers!
Ivan Labrie
Link to Tim West's chatroom: www.tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Comment:
Beautiful.