XLF Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BULL ETF · Financials

XLF is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $58.37, currently 0.04% away. This pattern has shown a 0.7x profit factor across 17 backtested trades.

Current Setup

Close$58.34 +0.01%
Breakout Level$58.37
Distance to Level0.04%
RVOL2.3×
Pressure81
PatternChannel

Trade Plan

Entry$58.42
Stop$58.29
TP1$58.55
TP2$58.68
TP3$58.81

Chart

XLF breakout scanner chart

Backtest Performance

Win Rate
41%
Profit Factor
0.70x
Avg R
-0.18R
Trades
17
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Aug 4 BULL A- $57.47 $57.27 $57.67 $57.67 WIN +1.00R 2
Aug 3 BULL A- $57.18 $57.03 $57.33 $57.33 WIN +1.00R 2
Jul 13 BULL A- $55.84 $55.67 $56.00 $55.67 LOSS -1.00R 2
Jul 10 BULL A- $55.75 $55.59 $55.92 $55.59 LOSS -1.00R 2
May 22 BULL A- $51.91 $51.71 $52.10 $52.10 WIN +0.95R 7
May 12 BEAR A- $50.96 $51.15 $50.77 $51.15 LOSS -1.00R 2
May 11 BEAR A- $51.10 $51.27 $50.94 $51.27 LOSS -1.00R 5
Apr 30 BULL A- $52.10 $51.93 $52.28 $52.28 WIN +1.06R 12
Apr 21 BULL A- $52.76 $52.61 $52.90 $52.90 WIN +0.93R 2
Apr 17 BULL A- $52.26 $52.12 $52.41 $52.41 WIN +1.07R 2
Apr 6 BULL A- $49.86 $49.58 $50.14 $49.58 LOSS -1.00R 13

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-08-26 B BULL $58.37 0.27% 81
2026-08-26 A- BULL $58.37 0.19% 81
2026-08-26 A- BULL $58.37 0.10% 81
2026-08-26 B+ BULL $58.37 0.10% 81
2026-08-26 A- BULL $58.37 0.21% 85
2026-08-26 B BULL $58.37 0.39% 82
2026-08-26 B+ BULL $58.37 0.36% 75
2026-08-26 B+ BULL $58.37 0.34% 75
2026-08-26 B+ BULL $58.37 0.36% 75
2026-08-26 B BULL $58.37 0.29% 76

Bot Activity

DateSideResultRExit
2026-05-29 BEAR NO CONTRACT: No qualifying option contract found

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