Very simple setup on
XOM
to get back into the habit of posting. Using our fibonacci retracement tool, XOM gave us a very clear bounce off .5. I have drawn a bearish FVG right before we retested .5 at Tuesday's close of day. I'm expecting to see this FVG broken and any entries above $104.70 should be a clear shot to $106 no later than Wednesday next week. Happy trading
XOM
to get back into the habit of posting. Using our fibonacci retracement tool, XOM gave us a very clear bounce off .5. I have drawn a bearish FVG right before we retested .5 at Tuesday's close of day. I'm expecting to see this FVG broken and any entries above $104.70 should be a clear shot to $106 no later than Wednesday next week. Happy trading
Money really does grow on trees.