CRV

CRV Possible Reversal

134
We have a good candidate for black 5 at the 0.1803 low.

The push to the upside could be the first impulsive wave, but it is quite exhausted in smaller timeframes.

My plan is to wait for a pullback, ideally to the 50% level, and look for long trades.

Keep in mind that there is solid resistance close to the 0.40 level.

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.