Exxon Mobil - Increased probability of appreciation

Interpretation:
Previously disorganized Fibo clouds have gradually lined up giving favorable support to the evolution of the candles. The compacting of fibo clouds from different timeframes signals direction and strength towards the first target to be reached

Reaching the first target makes it necessary to move the stop loss to the position where the entry was made. The purpose of this action is to protect the result that has been achieved and to ensure that there is plenty of time to search for the remaining targets with a reduced risk of losing the trade.

The use of risk management, an integral part of this method, has been fundamental in achieving planned results.

Risk Return Ratio 3

Trade fermée: cible de profit atteinte:

Exxom Mobil reached the first target where ideally 50% of the investment should be made, with a +3.95% partial result. As foreseen in the risk management of the operation, on this occasion the stop loss should be moved to the position entry line at 106.52. The purpose of this action is to protect the result and mitigate the risk of losses while trying to reach the second target where 30% of the remaining capital is expected to be realized and the stop loss moved again. It should be noted that the description of this fictitious operation is only intended to demonstrate the efficiency of the technique with the indispensable risk management. As a practice, new updates will be presented as new targets are reached, both in this operation and in the others we are publishing here.

Trade fermée: cible de profit atteinte:

Exxom Mobil has reached the second target where it should ideally sell another 30% of the remaining investment. The partial result so far is +9.10% in 16 consecutive trading sessions. As provided for in the operation's risk management, the stop loss should now be moved to the position at 109.60. The aim of this action is to protect the result and mitigate the risk of losses while trying to achieve the final objective. Note that the description of this fictitious operation is only intended to demonstrate the effectiveness of the technique with the indispensable risk management. As a practice, new updates will be presented as new targets are reached, both in this trade and in the others we are publishing here.

Trade fermée: cible de profit atteinte:

Final target reached, resulting in +14.55% appreciation in 23 consecutive trading sessions. Also follow other ongoing operations in this profile: APPLE and GM. Comment here if you are interested in receiving new publications on this market.