"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!