$CVX — Reversal Breakout Building Momentum
I am using this trade plan: Long
Entry: 1.735 – 1.745
Stop Loss: 1.650
Target 1: 1.780
Target 2: 1.830
Target 3: 1.876
$CVX has recovered strongly from the 1.65 support area and is now pushing back above the 1.72 resistance zone. The higher-low structure is showing buyers stepping back in with momentum.
As long as 1.719 holds as support, the bullish setup remains valid. A clean continuation above the current range can open the way toward 1.876, with the stop keeping the downside risk controlled.
I am using this trade plan: Long
Entry: 1.735 – 1.745
Stop Loss: 1.650
Target 1: 1.780
Target 2: 1.830
Target 3: 1.876
$CVX has recovered strongly from the 1.65 support area and is now pushing back above the 1.72 resistance zone. The higher-low structure is showing buyers stepping back in with momentum.
As long as 1.719 holds as support, the bullish setup remains valid. A clean continuation above the current range can open the way toward 1.876, with the stop keeping the downside risk controlled.