CRV - Clear Breakout

156
Following on from the last idea, we can see the follow through and breakout on CRV

CRV - Ready for the next leg higher


The first target is the prior highs near 1.3, then alt season likely kicks off in full steam with the Trump inauguration in 3 weeks.

Could the inauguration be a sell the news event? Maybe - We'll have to assess the price action closer to the time.

The reality is that R/R is skewed positively right now for CRV
- Daily MACD cross-over
- RSI MA Crossover and now moving up
- Resistance breakout on a Bull flag pattern.

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.