CRV - Clear Breakout
Following on from the last idea, we can see the follow through and breakout on CRV
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.
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.
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