CRV starting to show bullish Price action
After a long while we finally see CRV with bullish price action.
Mapping out this ascending channel, I expect price to retrace somewhat before continuing with the trend.
Opportunity to enter a swing long, maybe after a 0.5 or 618 retrace, however I would allow a large stop to the previous low. If price loses the low that will change market structure and either invalidate the trade for me or at least require another look at it.
Mapping out this ascending channel, I expect price to retrace somewhat before continuing with the trend.
Opportunity to enter a swing long, maybe after a 0.5 or 618 retrace, however I would allow a large stop to the previous low. If price loses the low that will change market structure and either invalidate the trade for me or at least require another look at it.
Trade active
CRV really moving. But what goes up fast can come down fast, so TP 50% and leaving the rest now.
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.