💎 CVX has recently broken out of a descending channel, indicating a potential shift towards bullish momentum, especially with the formation of a W pattern and the presence of CHoCH, signaling a change in character towards a bullish structure. 💎Currently, the price is approaching a resistance level. If CVX manages to break above this resistance, it could signal...
Risk---------$2.5 Reward---------Loss 1. Low volume theory 2. Not that of a strong demand but it was present 3. Lost $2.5
Risk-------------$0.50 Reward-------------Loss 121332132123121212
its can go down after break the support line we can take entry after breakdown support line.
This one has powerful flag and cup formations. targets are on the chart.