Hello my Fellow TraderZ,
I had shared my idea regarding
CRV few days ago on 4 HTF where I had mentioned that price has broken the Downward Trend on 4H, but still stucked and testing the range low support.
Today, once again I'm here with DTF Analysis on $CRV.
Here it is clearly visible that Downward TrendLine has acted as Super Strong Resistance which clearly rejected the price 5 times.
It would be interesting to see that is this time different or we gonna see some weakness of TrendLine!
Incase of breakout upward expecting 1:4 RISK-TO-REWARD while on rejction it is 1-4.5 R:R.
Thank you for taking out your time and read.
I had shared my idea regarding
CRV few days ago on 4 HTF where I had mentioned that price has broken the Downward Trend on 4H, but still stucked and testing the range low support.Today, once again I'm here with DTF Analysis on $CRV.
Here it is clearly visible that Downward TrendLine has acted as Super Strong Resistance which clearly rejected the price 5 times.
It would be interesting to see that is this time different or we gonna see some weakness of TrendLine!
Incase of breakout upward expecting 1:4 RISK-TO-REWARD while on rejction it is 1-4.5 R:R.
Thank you for taking out your time and read.
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.