NYSE:CVX has lost support at the light blue resistance line, and this light blue trendline has flipped into resistance. CVX is trading above a yellow support level at $131.47. There is neutral price action here, and I think CVX doesn't have a clear direction for now. I would look for buy opportunities at or below the yellow trendline if CVX starts trending down,...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
SPOT TRADE SETUP (Binance) CVX/BTC:- On the verge of a breakout. Either buy the retest of the breakout or simply buy now and DCA on dips with SL. Details are given in the chart. Make sure you do your own research. Entry :- 6110 to 6500 sats Target:- 50% to 100% Stop Loss:- 5680 (Subject to change as per market condition) DYOR Do hit the like button if you...
50 year parallel channel shattered. It took 50 years to get there, how many will it take to come down? Be patient. Give it some time to breathe.
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive Closings Bullish (Dow Jones Index incl. all shares) drive.google.com Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
CVY got an challenging 15min chart - no question !!! But also tradeable ... The trend channel starts more or less around 114 & 116 this week & ends around 115 & 117 more or less. But much more important is the GAP (after OPEC news while weekstart - even last monday) even between 116 & 118. `cause you can see, while last trading day (on friday) traders traded CVX...
2014 CVY was traded between 109.27 (low before ATH) & 135.10 (ATH) Important is my opinion, from the technical point of view also the fact, that the 1st Downside Wave after ATH (Aa, Bb & Cc) created a last high (C) by 120.17. And this should be also the first target into 2017 ... 1st GAP bewteen 113.14 & 112.48 2nd GAP between 112.55 & 112.07 3rd GAP...