In the dynamic realm of financial markets, discerning price movements can reveal lucrative trading opportunities. Mastering technical analysis, a discipline focused on interpreting historical price data and chart patterns, empowers traders to decipher these intricate signals. Price action, the core of technical analysis, involves studying candlesti
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The energy sector has experienced pronounced swings in recent months, driven by factors such as global consumption patterns and geopolitical events. The iShares U.S. Energy ETF, a popular benchmark for tracking the performance of energy companies, has captured these shifts. This article analyzes the XLE ETF's recent performance, examining key facto