XLF is potentially in a pretty bearish posture but I give it allowance for one more pop into the orange box specified. After that I would be short. I don't like the setup to be long here.
It is very interesting that my fractal identification method has picked out a sub-fractal if you will -- i.e. a pattern in the daily, which has previously presented itself in the hourly.
If I overlay that onto the daily chart, I see we should pop into one more high before turning down
It is very interesting that my fractal identification method has picked out a sub-fractal if you will -- i.e. a pattern in the daily, which has previously presented itself in the hourly.
If I overlay that onto the daily chart, I see we should pop into one more high before turning down
Note
Order cancelled
Got the pop into the yellow box, but I am retiring this fractal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.