CVX (Y23.P1.E1).Contracting triangle

Hi Traders,

This formation is so far aligned with a continuation pattern.
The 3rd target is the macro resistance trendline.

With contracting triangles, we have a number of models.
As per the chart, I have outlined the most common.

However this also aligns so far with the wyckoff distribution as well.


Please give me a like and share,


Regards,
S.SAri



Note the RSI for the bullish signal