After a strong impulse down Chevron is in what appears to be a corrective structure.
We will be waiting for a break out of the lower trend line. Once that happens we will watching on lower time frames for a retest and rejection before taking the short position. The targets would be 55, 30 & 15 which are previous strong support levels.
If the rally breaks up and out of the 110 level then this trade will be invalid.
We will be waiting for a break out of the lower trend line. Once that happens we will watching on lower time frames for a retest and rejection before taking the short position. The targets would be 55, 30 & 15 which are previous strong support levels.
If the rally breaks up and out of the 110 level then this trade will be invalid.
Сделка активна
Связанные идеи
Sunoco Short Setup
CFDTradingo
about SUN