CVX Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BEAR
Energy · Oil & Gas
CVX is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $174.80, currently 0.68% away. This pattern has shown a 100.0x profit factor across 4 backtested trades.
Current Setup
Close$175.99 +0.09%
Breakout Level$174.80
Distance to Level0.68%
RVOL0.3×
Pressure78
PatternCompression
Trade Plan
Entry$174.56
Stop$175.13
TP1$174.00
TP2$173.43
TP3$172.86
Chart
Backtest Performance
Win Rate
100%
Profit Factor
—
Avg R
+1.00R
Trades
4
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| Jun 15 | BEAR | A- | $186.11 | $187.28 | $184.95 | $184.95 | WIN | +0.99R | 2 |
| May 29 | BEAR | A- | $181.66 | $182.72 | $180.59 | $180.59 | WIN | +1.01R | 3 |
| May 15 | BULL | A- | $187.19 | $186.51 | $187.87 | $187.87 | WIN | +1.00R | 2 |
Recent Setup History
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-23 | B | BEAR | $174.80 | 0.56% | 78 | — |
| 2026-06-23 | B | BEAR | $174.80 | 0.56% | 79 | — |
| 2026-06-17 | B | BEAR | $178.28 | 0.68% | 61 | — |
| 2026-06-17 | B | BEAR | $178.28 | 0.66% | 61 | — |
| 2026-06-17 | B+ | BEAR | $178.28 | 0.23% | 54 | — |
| 2026-06-17 | B+ | BEAR | $178.28 | 0.15% | 54 | — |
| 2026-06-17 | B+ | BEAR | $178.43 | 0.11% | 55 | — |
| 2026-06-17 | B+ | BEAR | $178.43 | 0.14% | 55 | — |
| 2026-06-17 | B+ | BEAR | $178.43 | 0.12% | 55 | — |
| 2026-06-17 | B+ | BEAR | $178.43 | 0.31% | 60 | — |
Bot Activity
No bot trades on CVX yet.
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