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UnknownUnicorn58434
Jan 4, 2014 1:32 PM

XLE Butterfly Pattern + Rising Wedge Short

SPDR Select Sector Fund - Energy Select SectorArca

Description

Weekly Chart

There is a nice Butterfly Pattern combined with a rising wedge,

price action seems to have a bearish reaction,

Volumes seem to decrease,

Stop-Loss juste above the recent high,

Target @ a strong support,



Have a good trading,

Benaki66
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