Potential (LONG) Pattern XLF

By M3D
Updated
This is not an investment advice.
Trade at your own risk.
Do not trade money you can't afford to lose.
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.
Comment
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.
Comment
Trade still active (same sl) awaiting this week close/price for confirmation.
Trade closed: target reached
Long target hit today :)
Chart PatternsHarmonic PatternsspdrSPDR S&P 500 ETF (SPY) Trend AnalysisXLFxlf_buy

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