XLF in downtrend
Retraces to form triangle
Cannot close convincingly above blue trend line.
Stops at previous support which is now resistance and at 0.786 retracement
Fractal flow shows down turn.
Conservative entry is for it to break lower border of triangle, aggressive is for it to breat last 130 bar.
SL just above yesterday's high.
Frst TP it at 22.11
Retraces to form triangle
Cannot close convincingly above blue trend line.
Stops at previous support which is now resistance and at 0.786 retracement
Fractal flow shows down turn.
Conservative entry is for it to break lower border of triangle, aggressive is for it to breat last 130 bar.
SL just above yesterday's high.
Frst TP it at 22.11