XLV Forecasting The Rally & Buying The Dips At The Blue Box Area

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLV , published in members area of the website. As our members know, XLV is another instrument that we have been trading lately. The price is showing Impulsive sequences in the cycle from the March low (73.86) . The price structure of XLV has been calling for further rally. Consequently, we advised members to avoid selling XLV and keep on buying the dips in the sequences of 3,7,or 11 swings whenever get chance. In further text we’re going to explain Elliott Wave Forecast and trading strategy.

XLV 1 Hour Elliott Wave Analysis 7.31.2020

You can learn more about Zig Zag Elliott Wave Patterns at our Free Elliott Wave Educational Web Page.

XLV 1 Hour Elliott Wave Analysis 8.04.2020

XLV 1 Hour Elliott Wave Analysis 8.17.2020

You can check most recent charts in the membership area of the site. Keep in mind not every chart is trading recommendation. The best instruments to trade are those having incomplete bullish or bearish swings sequences. We put them in Sequence Report and best among them are shown in the Live Trading Room.

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Elliott Wave Forecast

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