XLE - Falling Trend Channel

113
🔹Breakout Falling Trend Ceiling in medium long term.
🔹Once breakout resistance 87.4 be POSITIVE signal.
🔹Short-term momentum is POSITIVE with RSI above 70.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.