CVX shows bullish hammer under MA 100 on daily

Shorted after a nice bearish hammer at high.

Needed to move my stop closer since got bullish hammer after clearing MA 100 which is concerning.

A lot of room to go down but have to mitigate my risks. Ready to renter if stopped out after downward movement resumes.

Trade chiuso: obiettivo raggiunto:

Wicked out for small profit. That sucks. I feel we still go lower.