IYR IS RISKY
-- higher lows, and resistance remains @79.20, if the triangle is valid, then short IYR.
-- not a reverse
-- keep going down after break downwards the triangle
set stop @ 79.3
-- not a reverse
-- keep going down after break downwards the triangle
set stop @ 79.3
Note
it broke out from the consolidation area which ranges from 77 to 79.00. meaning -- it was a consolidation area in uptrend, so it could still move up till it reach its really end.
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