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SSE Double bottom / Bull div play
XLY0
, 1W
Long
XLY0: SSE Double bottom / Bull div play

SSE seems to be forming a double bottom at the 2470 support level; this in combination with the RSI and Momentum bull divergences and previous candle being a hammer candle makes me think we might be getting a relief rally to 0.786 fib level that corresponds to previous support. More conservative trade would be waiting for a break of the green dotted line that...

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