XLF (Financial Sector ETF) - Support Bounce Hammer Candle - 1D
XLF (SPDR Financial Sector ETF) price has bounced up from 0.618 fibonacci support on the daily chart.
Entry (long): $37.53
Take Profit +3% (exit): $38.66
Stop Loss -1.5% (exit): $36.95
Note: Many Finance related stocks have a similar pattern on either the Daily or 4-Hour charts. Could see an industry-wide bounce up if fibonacci support levels hold this month.
-BAC (Bank of America)
-WFC (Wells Fargo)
-C (Citi Group)
-JPM (JP Morgan Chase)
-MS (Morgan Stanley)
All content is Not financial advice. Trade at your own risk.
Entry (long): $37.53
Take Profit +3% (exit): $38.66
Stop Loss -1.5% (exit): $36.95
Note: Many Finance related stocks have a similar pattern on either the Daily or 4-Hour charts. Could see an industry-wide bounce up if fibonacci support levels hold this month.
-BAC (Bank of America)
-WFC (Wells Fargo)
-C (Citi Group)
-JPM (JP Morgan Chase)
-MS (Morgan Stanley)
All content is Not financial advice. Trade at your own risk.
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