Chevron has broken through a line of 116.45 and suggests a possible movement to 115.73 within the next 9 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
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Big movement expected on Chevron after a breach of 116.45
January 17, 2020 4:14 pm
