CRV: Rare Megaphone Pattern Short

Curve DAO Token / U. S. DollarKraken

Description

⋅ Feb 3, 2022 7:53 PM

Perfect example of an Elliott Wave impulse inside a megaphone pattern. A-E Motive wave correction. Lose 2.99, short to 2

Trade closed: target reached

⋅ May 6, 2022 12:57 PM

Chart Patterns Wave Analysis

Comments

Randall_Smith

⋅ Feb 24, 2022 8:03 AM

This analysis has reached its' conclusion

jasonte

⋅ Mar 7, 2022 9:41 PM

Thanks for this TA @Randall_Smith, Any thoughts on the direction from here?

Randall_Smith

⋅ Mar 8, 2022 9:33 AM

@jasonte, CRV broke down from a rising wedge on the macro chart. I look for CRV to eventually make it to 1.4-1.24, conservatively speaking. I'll publics a macro chart.

TheKitchenTrader

⋅ Feb 15, 2022 5:36 PM

Playing out to the T. Nice work. Think it still hits E wave?