#cvx Trading Plan
📍 The price is sticking to the recent high point of 2.184 (resistance level). A breakout upward will trigger short-covering and accelerate the move; if it gets rejected, it may pull back. The plan is to buy on dips or wait for price to stand above the previous high—don’t chase from the current level.
🟢 Entry Zone: 2.0863–2.1154 (retracement pullback for support/confirmation) — Reward/Risk 3.1
🚀 Acceleration Confirmation: Break and hold above 2.1923 (reference target 2.2287)
❌ Stop Loss: If price drops below 2.059 after entering, exit then (approximately -2.0% from the entry zone).
📍 The price is sticking to the recent high point of 2.184 (resistance level). A breakout upward will trigger short-covering and accelerate the move; if it gets rejected, it may pull back. The plan is to buy on dips or wait for price to stand above the previous high—don’t chase from the current level.
🟢 Entry Zone: 2.0863–2.1154 (retracement pullback for support/confirmation) — Reward/Risk 3.1
🚀 Acceleration Confirmation: Break and hold above 2.1923 (reference target 2.2287)
❌ Stop Loss: If price drops below 2.059 after entering, exit then (approximately -2.0% from the entry zone).