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SandmanTrade
May 28, 2023 2:47 PM

CVX Chevron Short

Chevron CorporationNYSE

Description

Chevron broken H&S neckline, retesting and holding as resistance, look left PT 104 last area of consolidation, also vol profile shelf. Risk to Reward favors a trade risking a daily close above neckline recovery
Comments
a7medsaa
Wrong implementation of H&S pattern.
SandmanTrade
@a7medsaa, nothing is wrong in TA, just ideas.
fjm9085
I like that indicator on the left of your chart that shows the consolidation. Whats that indicator name if you dont mind sharing? Thanks ahead of time!
Pondering1
@fjm9085 Perhaps it is a volume profile indicator such as the Vpvr indicator ( Volume Profile Visible Range For All Accounts by
Investor_R
SandmanTrade
@fjm9085, VPVR
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