XZC longer term view

XZC recently broke out if a descending triangle to the upside.
This looks to me as a logical continuation of a 5 legs cycle (labelled as ABC on left chart).

Shorter term: found a bottom, made a 5 legs up, retraced in an ABC move and seems to have started next cycle up.
Broke out and currently pulling back/consolidating before possibly a 3rd leg up starts.

Trading advice: let it correct, wait for a bullish Trend Continuation Pattern and buy that break out.

I will try to update when I see a good entrypoint

Yorum:

This surprised me: (4) was placed on that position a week ago!
Looks ready for next leg up.

Yorum:

Target reached , let it roll from here. More to come imho