$XEL strong bounce, next target on chart

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.

تعليق:

Looking at this pattern right now, wait for breakout.

تعليق:

Looking at the first set up, we're in a very long slow decline which is corrective. Could pick up the uptrend any time