IBB MIGHT RETRACE TO 237.88

A potential AB=CD pattern and butterfly pattern , I won't buy until 246 and 237.88.
Stoploss should be around 232.

Comment:

approaching target of AB=CD, prepare to load part of the position at 246, another buy at 237

Comment:

A good reversal at the PRZ(potential reversal zone) around AB = CD's completion point D to Butterfly Pattern completion point D

Comment:

should take half here and let the profit run on the rest

Comment:

Take partial at 786 resistance here

Comment:

target reached

Trade closed: target reached