William-trading

Healthcare sector - Buying the reversal of inverted HnS

Long
AMEX:XLV   SPDR Select Sector Fund - Health Care
The megaphone structure has completed the 5-wave structure and is likely to enter into the next phase of the bullish upside after a morning star candle formation is seen rebounding from the demand zone at 124.95. To add, the inverted head and shoulder pattern is indicative of a bullish reversal pattern.
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