Title says it all, possible Higher Low being punched in on the 4h with an Inside bar candle stick con firming that sellers are exhausted and buyers may be stepping in to take back over. CALLS valid above green line, Pt white dashed lines.
XOM has shown a consolidation pattern
This chart shows the weekly candle chart of ExxonMobil's stock in the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, ExxonMobil's stock has shown a consolidation pattern of high to strong overall after completing a small level double top at the beginning...
Simple triple bottom pattern on XOM with macro momentum shifting back bullish after a period of consolidation before the next leg up. Profit target is the highs and runners after if you wish. 20% Stop loss 9/8 expo, after green level is broken. If stop is hit look for re-entry above green level according to 10m chart price action. Expect this play to go 50%+ but...
XOM is around the 50% retracement zone alongside with a Bank order block that its approaching. Zoom into the 5m -1m inside the blue & black box for a sniper entry for a move to $100.
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I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy” . Follow for more ideas in the future!!
I have 4 levels marked and colour coded on the Chart.
These levels are:
🔴 Red = Stop Loss
🟢...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Today i have 2 relevant price targets for your from the most prestigious analysts: The Goldman Sachs Group prediction is $83 for XOM, which is most likely (to hit the resistance level) and Bank of America which has an optimistic price target of $95.
The price targets are plausible, since there is a possible disruption to European energy supplies because of Russia...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
