CRV at strong support and top of descending channel (LONG?)
Ive been watching CRV for some time now, and its been following this channel like clockwork for what feels like ages!
Its finally hit a critical point where its landed against a very strong support while also sitting quite close to the top of its channel.
If CRV rejects off the support and pushes up and out of the channel, i expect to see upside to about the 786 fib level ive designated in the chart (green arrow)
if, however, the support doesn't hold, we could potentially see a free fall!
Its finally hit a critical point where its landed against a very strong support while also sitting quite close to the top of its channel.
If CRV rejects off the support and pushes up and out of the channel, i expect to see upside to about the 786 fib level ive designated in the chart (green arrow)
if, however, the support doesn't hold, we could potentially see a free fall!
Nota
CRV managed to pull off a perfect scalp from the support to trend line. im still waiting to see if this breaks out for a proper long position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.