SXP Setup

Swing-Trade Setup, where entry was on the Sweet-Spot level within the O.T.E., but still can be caught on the breakout or pullback, whatever rows your boat.
In this Setup we can see price needs to be closing above the 50 SMMA, together with volume support and a bullish continuation of the pattern.
Added Fib. confluence of the 100% projection and -27.2% extension zone as an exit.
Trend Analysis

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