e36ant
Short

Cypher Pattern Completion

AMEX:XBI   SPDR S&P BIOTECH ETF
103 1 3
Daily (almost) cypher pattern is looking to complete which would coincide with the follow through of the bearish bat formation posted a few weeks ago. I say almost cypher as point B is a bit shallow. Will be watching closely
Comment: almost completed...will be watching indicators for a bullish reversal...bull target of .618 retrace of leg c-d
Bull target reached today. Would you give some update? Thanks!!
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