The market turned sour and CRV could not bounce in its ascending channel and broke down. The fall was longer than expected but price finally seems to breakout from its downward trend.
I am seeing a triangle being formed and envision a dead cat bounce for the whole market as explained in my total idea below.
An optimistic view is a bearish Gartley to 6.3, but this requires breaking two range resistances.
I am seeing a triangle being formed and envision a dead cat bounce for the whole market as explained in my total idea below.
An optimistic view is a bearish Gartley to 6.3, but this requires breaking two range resistances.
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