XLP is building liquidity below $80.76. A stop-hunt below that level, followed by a reclaim and bounce into resistance, fits a classic technical reversal pattern.
Backed by defensive fund sentiment and sector rotation news, this trade setup combines both technical edge and macro strength.
Trade Thesis: Liquidity Grab Below $80.76
Liquidity build: XLP is consolidating just below the key support level at $80.76, where stop orders likely cluster.
Hunt pattern: We expect a sharp move slightly below that level—hunting stops—followed by a quick bounce.
Post-stop recovery: After triggering the stops, XLP should reclaim $80.76, rallying into the nearby resistance zone around $82.50–$83.20.
📈 Technical Setup
Support structure:
Green zone between $79.80–$80.76 — a well-defined demand area. Prior rebounds from here signal buyers waiting to pounce.
Resistance zone:
Red area between $82.05–$82.84 — a supply zone with overhead resistance, target for profit-taking.
Expectations:
A dip below $80.76 triggers stop-loss liquidity.
A swift bounce back above $80.76 confirms reversal.
First target: mid-resistance ~ $82.05; full move towards high end (~$82.84).
🔎 Professional Observation
The chart shows classic liquidity sweep behavior: small dip, then strong reversal.
Using stop-hunt logic increases odds—institutions often design moves like this to trigger stops before reversing.
Backed by defensive fund sentiment and sector rotation news, this trade setup combines both technical edge and macro strength.
Trade Thesis: Liquidity Grab Below $80.76
Liquidity build: XLP is consolidating just below the key support level at $80.76, where stop orders likely cluster.
Hunt pattern: We expect a sharp move slightly below that level—hunting stops—followed by a quick bounce.
Post-stop recovery: After triggering the stops, XLP should reclaim $80.76, rallying into the nearby resistance zone around $82.50–$83.20.
📈 Technical Setup
Support structure:
Green zone between $79.80–$80.76 — a well-defined demand area. Prior rebounds from here signal buyers waiting to pounce.
Resistance zone:
Red area between $82.05–$82.84 — a supply zone with overhead resistance, target for profit-taking.
Expectations:
A dip below $80.76 triggers stop-loss liquidity.
A swift bounce back above $80.76 confirms reversal.
First target: mid-resistance ~ $82.05; full move towards high end (~$82.84).
🔎 Professional Observation
The chart shows classic liquidity sweep behavior: small dip, then strong reversal.
Using stop-hunt logic increases odds—institutions often design moves like this to trigger stops before reversing.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Looking for powerful AI trading signals? Visit ProSignal.ai and take your trading to the next level! or join our telegram channel at t.me/prosignalai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.