themarketzone

Perfect reversal from AB=CD pattern posted previously

NASDAQ:IBB   ISHARES NASDAQ BIOTECHNOLOGY INDEX FUND
The daily bearish setup posted here on TradingView, based on AB=CD pattern, is heading in the right direction after a perfect reversal at the PRZ.
First target - 300$

do you think it is up in long?
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jangseohee diegocost
more risk to long then short in mid term
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Agree. I'm bearish as long as the pattern remains valid
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another alternative view
snapshot
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What do these blocks represent? equal distant trading ranges? How do you use them?
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jangseohee themarketzone
Yellow is the reference, then i clone them
each horizontal line can be support/resistance, seems like price hitting resistance now
learn from a Mentor
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