$CVX SHORT SETUP ... Big Correction Coming
Entry: 2.570 - 2.60 (Short)
TP1: 2.45
TP2: 2.32
Final TP: 2.20
SL: 2.82
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CVX already pumped over 20% and now facing resistance near 2.62.
After such a strong rally, a pullback towards 2.32 and even 2.20 looks possible.
As long as 2.62 holds as resistance, bears could regain control.
A break below 2.49 would strengthen the bearish setup.
Must use stop loss while trading.
Trade on $CVX
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