CVX – Waiting for Pullback to 0.382 Before Targeting Gap Fills

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CVX – Waiting for Pullback to 0.382 Before Targeting Gap FillsChevron CorporationBATS:CVXfredcast80Chevron (CVX) recently broke structure to the upside after holding a 1D demand zone near $136. I'm now watching for a pullback toward the 0.382 retracement (~$141.80) of the recent impulse. This level aligns with the breakout area and offers a potential continuation setup. 🎯 Trade Setup: Bias: Long (on retracement) Entry zone: $141.80 – $142.00 Targets: 📌 Gap 1 → ~$158 📌 Gap 2 → ~$166 Invalidation: Close below $138 would negate the bullish thesis. 🧠 Context: Structure flipped bullish after BoS. Gaps above remain unfilled, acting as magnet zones. Pullback to 0.382 = logical spot to join trend continuation.