XLK RSI & OBV Bearish Divergence

• RSI shows bearish divergence on the price peaks
  
• OBV show bearish divergence; in this last leg up the OBV has been declining.
  
• Price was starting to form a bearish wedge but fell out quickly, bounced from 100 SMA.
  

Using Fib extension of 1.618 of an "ABC" pattern to project target, forming a double bottom from the most recent major correction. Duration of C leg is not to scale.

Transaction en cours:

Short entered at 81.88

Trade fermée: ordre d’arrêt atteint