$CVX SHORT — Resistance Rejection Setup
Entry: 2.015 – 2.025
TP1: 1.970
TP2: 1.920
TP3: 1.870
SL: 2.070
Price stalled near the 2.090 local peak, forming a clear lower high structure on the retest followed by a red rejection candle. Declining buyer volume combined with price slipping below immediate short-term support indicates buyer exhaustion, favoring a pullback toward lower moving average targets.
$CVX
Entry: 2.015 – 2.025
TP1: 1.970
TP2: 1.920
TP3: 1.870
SL: 2.070
Price stalled near the 2.090 local peak, forming a clear lower high structure on the retest followed by a red rejection candle. Declining buyer volume combined with price slipping below immediate short-term support indicates buyer exhaustion, favoring a pullback toward lower moving average targets.
$CVX