Potential (LONG) Pattern XLF

Aug 4, 2020

This is not an investment advice.
Trade at your own risk.
Do not trade money you can't afford to lose.

Aug 4, 2020

Trade active

LONGED @ 23.95
SL: 22.39
TP: 27.88
RRR: 2.52

This is not an investment advice.
Trade at your own risk.
Do not trade money you can't afford to lose.

Aug 11, 2020

Note

Trade went out nicely (as expected).

Today (Tuesday. Aug 11t) XLF pushed higher and around 1pm (ET) it's challenging the 61.8% of CD @ 25.70 (Current day high touched @ 25.72)

A successful daily close above the level above will set the move higher.

Meanwhile, few more levels above could act as resistance (supply levels) at or around the following area:

@25.90 | CD. 78.6%
@26.07 | XA. 61.8%
@26.83 | Previous High

Waiting the weekly close for confirmation.

Aug 19, 2020

Note

Trade still active (same sl) awaiting this week close/price for confirmation.

Nov 18, 2020

Trade closed: target reached

Long target hit today :)