CUP n HANDLE on $XOM daily TF

On the daily time frame we have a bullish cup n handle. Price is sitting on the 9 EMA, so it isn't over extended, if you look at the RSI you'd see we have a bullish divergence forming, the stochastic moving averages aren't crossed or as erect as id like to see yet, but look to be in position to cross. Price closed a top of the cups handle on the daily down trend, which is also the golden pocket zone if you fib it out, for me this will be my entry zone. Ill be looking for an increase in open interest and volume to confirm trend continuation. Price closed within 5% of its daily high, imo this indicates strong bulls in the market. The IV rank is 10.16%, & The Beta is 1.41%, a jolt of IV is all that's needed here. LMK what yall think of my TA feedback is always welcomed.