CHEVRON @ 15 min @ last big Resistance around 109.27 left behind

2014 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

İşlem aktif:

114.41 to 114.91 next buying back area - after 1st Outbreak :)

target still of 120.17 at least - is still in play