CVO Petrochemical Refinery PLCViés de alta
CVOPRL | Inverted Head & Shoulders Pattern – Bullish Reversal Se
Current Chart Structure in CVOPRL:
CVOPRL has been in a downtrend, but recently it's showing signs of reversal.
The price has formed a clear inverted head and shoulders pattern.
The neckline resistance is currently being tested.
Volume behavior shows early accumulation, which supports a bullish bias.
Momentum indicators (RSI/MACD) are starting to turn positive, suggesting bullish divergence with price.
Trading Plan & Strategy:
Don’t jump in early. Wait for confirmation.
What to watch for:
Breakout above the neckline with convincing volume.
Retest of the neckline support (previous resistance).
Bullish candle formation (like a hammer, bullish engulfing) during retest.
Entry Point: After a breakout and successful retest confirmation.
CVOPRL has been in a downtrend, but recently it's showing signs of reversal.
The price has formed a clear inverted head and shoulders pattern.
The neckline resistance is currently being tested.
Volume behavior shows early accumulation, which supports a bullish bias.
Momentum indicators (RSI/MACD) are starting to turn positive, suggesting bullish divergence with price.
Trading Plan & Strategy:
Don’t jump in early. Wait for confirmation.
What to watch for:
Breakout above the neckline with convincing volume.
Retest of the neckline support (previous resistance).
Bullish candle formation (like a hammer, bullish engulfing) during retest.
Entry Point: After a breakout and successful retest confirmation.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.