Exxon Mobil - Inverted H&S combined with inverted H&S
Two inverted H&S formations, one on weekly, one on daily. Indicators are not signaling much, as Exxon has been in a correction(Force Index Oversold which is always the best scenario in a correction) on the higher time frame and a consolidation on the daily chart.
Soft Stop on this one, it's hard to choose a level, I play these patterns more on feeling. I am looking for 100$ in the coming weeks/months.
Soft Stop on this one, it's hard to choose a level, I play these patterns more on feeling. I am looking for 100$ in the coming weeks/months.
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