#CVX/USDT#CVX
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 2.644.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading towards stability above the 100 Moving Average.
Entry price: 2.730
First target: 2.800
Second target: 2.860
Third target: 2.924
Cvx_short
#CVX/USDT#CVX
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator, which supports the upward move by breaking it upward.
We have a support area at the lower limit of the channel at 3.00, which acts as strong support from which the price can rebound.
Entry price: 3.14
First target: 3.26
Second target: 3.42
Third target: 3.58
cvx short setupHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
CVX @ daily @ closed higher last 3 trading days every dayThis is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
.zip (with PDF`s) @ my Google Drive
Closings Bullish (Dow Jones Index incl. all shares)
drive.google.com
Best regards :)
Aaron
CVX @ 15 min @ GAP (116 & 118) should be a recreational poolCVY got an challenging 15min chart - no question !!! But also tradeable ...
The trend channel starts more or less around 114 & 116 this week & ends around 115 & 117 more or less. But much more important is the GAP (after OPEC news while weekstart - even last monday) even between 116 & 118. `cause you can see, while last trading day (on friday) traders traded CVX in something like a breakout-formation (two times higher highs & higher lows) - but under weekly high from monday. And from thuis point of view, i am wouldn`t wondering if CVX the GAP develop to something like a recreational pool next week (between 116 & 118) ...
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a analysis (for swing traders) - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
With swing trading i mean (in this context) until end of this trading week :)
Best regards
Aaron
CHEVRON @ 15 min @ last big Resistance around 109.27 left behind2014 CVY was traded between 109.27 (low before ATH) & 135.10 (ATH)
Important is my opinion, from the technical point of view also the fact, that the 1st Downside Wave after ATH (Aa, Bb & Cc) created a last high (C) by 120.17. And this should be also the first target into 2017 ...
1st GAP bewteen 113.14 & 112.48
2nd GAP between 112.55 & 112.07
3rd GAP between 111.28 & 110.64
These are all buying oppurtunities - this week & next week.
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron