iShares Biotechnology ETF
Updated

IBB MIGHT RETRACE TO 237.88

160
A potential AB=CD pattern and butterfly pattern , I won't buy until 246 and 237.88.
Stoploss should be around 232.
Note
approaching target of AB=CD, prepare to load part of the position at 246, another buy at 237
Note
A good reversal at the PRZ(potential reversal zone) around AB = CD's completion point D to Butterfly Pattern completion point D
Note
should take half here and let the profit run on the rest
Note
Take partial at 786 resistance here
Note
target reached
Trade closed: target reached

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