$CVX
is displaying a strong bullish expansion, breaking above key moving averages with MA(7) ($2.197), MA(25) ($1.746), and MA(99) ($1.419) aligned upward. Persistent volume expansion signals steady buyer dominance following an accumulation phase. Leveraged shorts are trapped above the $2.500 high, creating a prime liquidation pool. Sustaining support above the $2.200 retest zone confirms upside momentum toward higher targets.
đŻ Trade Setup
Direction: LONG
Entry Zone $2.25 â $2.42
Take Profit 1 $2.68
Take Profit 2 $3.10
Take Profit 3 $3.65
Stop Loss $1.98
Risk : Reward 1:2.5
Trade Type Swing
#CVX
is displaying a strong bullish expansion, breaking above key moving averages with MA(7) ($2.197), MA(25) ($1.746), and MA(99) ($1.419) aligned upward. Persistent volume expansion signals steady buyer dominance following an accumulation phase. Leveraged shorts are trapped above the $2.500 high, creating a prime liquidation pool. Sustaining support above the $2.200 retest zone confirms upside momentum toward higher targets.
đŻ Trade Setup
Direction: LONG
Entry Zone $2.25 â $2.42
Take Profit 1 $2.68
Take Profit 2 $3.10
Take Profit 3 $3.65
Stop Loss $1.98
Risk : Reward 1:2.5
Trade Type Swing
#CVX
