Long
$XEL in an ABC correction
Updated
XEL is in an ABC correction and already reached the possible bounce area.
Needs to break the upper yellow trendline for a continuation of the new uptrend.
Might stay a bit shaky for the coming hours/day.
When it doesnt gow lower than this and breaks out, next target is on the left chart.
Needs to break the upper yellow trendline for a continuation of the new uptrend.
Might stay a bit shaky for the coming hours/day.
When it doesnt gow lower than this and breaks out, next target is on the left chart.
Note
Strong bounce out of the blue box after a Classic retest of the yellow trendline
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