XLV is likely either Dbl. Top or H&S(with double head). When I find these price patterns, I always plan my trading deliberately. Sometimes, if the entry zone is not appropriate, I will pass it. But, for this stock, even the entry price is almost out of the zone, I still make the trading plan due to competitive RRR. Hopefully, my plan is correct.
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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.