XIT Long
Re entry on this ETF, Tech is doing what it does, for some reason XIT is out performing TEC and XQQ. I am thinking the Canadian tech market is being pulled up by the Crypto ETF's. Will trail SL as usual on weekly HK candles. Being cautions as it feels a little like a revenge trade due to being stopped out recently on this ticker.
Trade closed: stop reached
Stopped out on this one. Have been trying to keep the SL further back on these ETF's. Purple line represents SL. Alarm reset.
Note
Note
SL was running here on the weekly candles, purple line, once it went black I left it alone, moving it would have made the trade a slight win rather than a slight loss. Leaving it further back through pullbacks can keep you in for the next rally. Will not know what was right until we see a few weeks pass to find out the next move. Happy trading, Always keep your chin up and accept the market is what it is. Learn and grow. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.