Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) The last three candles indicate the formation of a morning star, a strong bull flag. A breakout at the pivot level (P) is required.
EXXON MOBIL Buy Idea @ Monthly Demand Zone (62.86 - 55.77) Buy Limit: 63.10 Stop Loss: 55.77 Take Profit: 79.47 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:2 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80%...
Financial not that bad - 56 seems a potential target to but.
XOM has broken the last support with a strong impulse. I's now reaching the previous long term support on daily. Look to the price action around this level for a potential bounce.
Hello Traders, Exxon Mobile is in a large consolidation. My model suggests that a bullish move is active on the Daily Time Frame. However, TG 4 lines up with the ceiling of a Resistance Band that is suppressing price from moving any higher. This Resistance Band was identified on the more imposing Weekly Time Frame. Until then, enjoy profits into the $100 territory.