ThinkingAntsOk
Long

"XLE: expect a confirmation before going up" by ThinkingAntsOk

AMEX:XLE   SELECT SECTOR SPDR TRUST ENERGY
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!
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