Ticker: XOM - 2/14/22 - 4 Hour
🟢 Safe Entry Confirmation: 80.21 Break, retest and hold of structure with momentum
🟡 Scalp Target:80.32, 80.50
🔴 Daytrade Target: 80.60
🟣 Swing Target:80.80
💀STOP LOSS/Trigger for puts: 80.00
📝 IDEAL CONTRACTS:
RISKY DAYTRADE: 82 XOM 02/18 (Mental SL)
MEDIUM RISK SWING: 80 XOM 02/25 (30% SL)
GAMBLE: 85 XOM 02/18 SQ P 1/14 (SIZE FOR 0)
💡Notes: Falling wedge hold above the 50 moving average (red). Volume at the bottom is increasing bar after bar. Liquidity secured from downside + BOS. Looking for continuation if price can hold 80.21 with sos (signs of strength). Puts break through 80 with momentum to grey key levels.
🟢 Safe Entry Confirmation: 80.21 Break, retest and hold of structure with momentum
🟡 Scalp Target:80.32, 80.50
🔴 Daytrade Target: 80.60
🟣 Swing Target:80.80
💀STOP LOSS/Trigger for puts: 80.00
📝 IDEAL CONTRACTS:
RISKY DAYTRADE: 82 XOM 02/18 (Mental SL)
MEDIUM RISK SWING: 80 XOM 02/25 (30% SL)
GAMBLE: 85 XOM 02/18 SQ P 1/14 (SIZE FOR 0)
💡Notes: Falling wedge hold above the 50 moving average (red). Volume at the bottom is increasing bar after bar. Liquidity secured from downside + BOS. Looking for continuation if price can hold 80.21 with sos (signs of strength). Puts break through 80 with momentum to grey key levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.