Short XLE (After next week's potential bounce)
Updated
XLE has broken triangle formation. Expect it to retest the bottom trendline before further down. Short it if the retest fails to go above TL.
My OB/OS indicator has reached to the previous low level. Trade the bounce intraday or 2-3 days short term. Then resume the downside, expect it to break the previous low in my indicator.
LT TP: 41
My OB/OS indicator has reached to the previous low level. Trade the bounce intraday or 2-3 days short term. Then resume the downside, expect it to break the previous low in my indicator.
LT TP: 41
Note
Adjust the triangle as last week's green candle
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