CVX – Waiting for Pullback to 0.382 Before Targeting Gap Fills

Chevron (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.