$CVX ===
I’m watching CVX as it breaks through key local resistance around the 2.42 level. Volume is stepping in heavily, indicating institutional interest, but I’m waiting for a minor pullback before entering to manage my risk properly.
TRADE PLAN:
- Entry Zone: 2.250 - 2.330
- Target 1: 2.680
- Target 2: 2.950
- Stop Loss: 2.120
WHY THIS SETUP WORKS:
I’m using a support-resistance flip strategy. After a sharp 19% impulse move, price usually retests the top of the previous consolidation range. Entering near 2.28 allows me to catch the next upward expansion toward major daily resistance while maintaining an optimal risk-to-reward ratio.
#XRPRallies44%InAWeek #IranSaysHormuzOmanDealNotFinalized #SECSendsCryptoCustodyRuleToWhiteHouse #NvidiaRises4%OnRevenueBeat #DollarPostsBiggestGainInNearlyFourWeeks
I’m watching CVX as it breaks through key local resistance around the 2.42 level. Volume is stepping in heavily, indicating institutional interest, but I’m waiting for a minor pullback before entering to manage my risk properly.
TRADE PLAN:
- Entry Zone: 2.250 - 2.330
- Target 1: 2.680
- Target 2: 2.950
- Stop Loss: 2.120
WHY THIS SETUP WORKS:
I’m using a support-resistance flip strategy. After a sharp 19% impulse move, price usually retests the top of the previous consolidation range. Entering near 2.28 allows me to catch the next upward expansion toward major daily resistance while maintaining an optimal risk-to-reward ratio.
#XRPRallies44%InAWeek #IranSaysHormuzOmanDealNotFinalized #SECSendsCryptoCustodyRuleToWhiteHouse #NvidiaRises4%OnRevenueBeat #DollarPostsBiggestGainInNearlyFourWeeks