You wouldn't catch me going long here (XBI) at these levels on the 60 minute chart. RSI and MACD divergence to price ratio is CRAZY. On watch for a short tomorrow. GL
Note
XBI poised to hit 72 this week. No reason to rush into a short just yet. Even on the 1H chart...Note
Of course literally seconds after I post my last comment we get a flush. On watch again...Trade closed manually
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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.