XEL bounced perfectly in my targetbox and completed the ABC correction of the 1-5 pattern.
It bounced strong and is currently looking good to break the yellow trendline which confirms further upmove towards the next targetbox.
It bounced strong and is currently looking good to break the yellow trendline which confirms further upmove towards the next targetbox.
Comment:
Looking at this pattern right now, wait for breakout.
Comment:
Looking at the first set up, we're in a very long slow decline which is corrective. Could pick up the uptrend any time
