10/6 CVOPRL Hourly CheckPRICE WILL COME BACK TO 177 BDT
Also it can touch 173 BDT
Entry point 173 ~ 177 BDT
Short
CVO Petrochemical Refinery PLC
No trades
No trades
In-depth trading ideas
Short
{Portfolio} WYCKOFF Trading CVOPRL @195 BDTWyckoff cycle may simply be an expression of Market Psychology. Price action in all segments and timeframes including currencies, commodities and stocks, tends to move in a structure similar to Wyckoff cycle.
Entry 163 BDT
Sell > 190BDT
Long
CVOPRL @195/@242BDTHold it for long time
Buy/Average at price
- 165BDT
- 129BDT
Sell at price
- 195 BDT
- 242 BDT
CVOPRL | Inverted Head & Shoulders Pattern – Bullish Reversal SeCurrent 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 fo
Long