$XEL in an ABC correction

XEL is in an ABC correction and already reached the possible bounce area.
Needs to break the upper yellow trendline for a continuation of the new uptrend.

Might stay a bit shaky for the coming hours/day.

When it doesnt gow lower than this and breaks out, next target is on the left chart.

Yorum:

Strong bounce out of the blue box after a Classic retest of the yellow trendline