"XLE: expect a confirmation before going up" by ThinkingAntsOk
4H Chart Explanation:
- Price is on an important Weekly Support Zone. Price may bounce from here.
- To confirm the up move, wait for price to break the Descending Trendline.
- After that, we expect a Bullish Corrective Structure to trade it towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
- Price is on an important Weekly Support Zone. Price may bounce from here.
- To confirm the up move, wait for price to break the Descending Trendline.
- After that, we expect a Bullish Corrective Structure to trade it towards the Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
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