Trader_Dale

Chevron Volume Profile 📊 and Price action analysis 📋

NYSE:CVX   Chevron Corporation
On Chevron is nice to see strong buying reaction from the price 137 , there is nice to see strong volume area....

Where is lot of contract accumulated...

I thing that buyers from this area will be defend this long position...

and when the price come back to this area, strong buyers will be push up the market again...

Resistance from the past + Uptrend + Strong volume area is my mainly reason for this long trade....



Happy trading

Dale

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