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RizeSenpai

XRT: Bullish Inverted Head and Shoulders Could Target an 0.886

Long
SPDR S&P Retail ETF (BATS:XRT)  
RizeSenpai Updated   
BATS:XRT   SPDR S&P Retail ETF
Harmonic Patterns Technical Indicators Chart Patterns retail invertedheadandshoulders GME Bullish Shark
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harmonicpatterns indicator chartpattern retail invertedheadandshoulders gme bullishshark
XRT on the hourly has started to form what could be a Bullish head and Shoulders, if it plays out it could result in the XRT making a 0.886 Fibonacci Retrace likely starting before the end of the week. Additionally, the RSI has a Bullish Shark formation which could serve as further confirmation of the low.
Trade closed: target reached
Trade closed: target reached:

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