Run Play Choices are Zone, Gap or MAN!XLF bounced in a big way in Wednesday Trading stopping a multi-week selloff.
On the 4HR I see a Head and Shoulder with a profit target up to 2021 highs.
On the 30 minute I see a double bottom form.
Which leads to a Cup and Handle
Put them all together and you have a solid trading plan to ride XLF up to top of channel.
As these patterns validate or not, I will update the idea with some options ideas for entries and exits along each step.
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My bias right now is bearish which conflicts with this idea playing out.
Do not let your bias miss a secular trend.
