CRV Breakout - Potential Long

28 בדצמ׳ 2023

CRV's current price is 0.685. We have broken through the order block (shown in red below) on the one hour time frame. An indication of bullish movement would be a valid retest of this order block. As price makes its way down with the rest of the market, we can anticipate a retest. Note the fair value gap at $0.671, just inside of our OB. This could be a potential zone for a retest and upward movement. If confirmation is given I will enter via limit order with a stop loss placed below the entirety of the order block.

Tentative positioning

Entry: 0.671
TP: 0.859
SL: 0.643

Will update if/when order is executed.