After the breakout of the uptrend trendline, on a pullback, the price found resistance at 38.2% Fibonacci retracement level. We are looking at this short opportunity while watching the most recent high.
Overall, CVX is expected to drop down to the key Fibonacci support, which is a 61.8% retracement level.
Overall, CVX is expected to drop down to the key Fibonacci support, which is a 61.8% retracement level.
Order cancelled:
We are closing now at break even
