$CRV 1D: update:
CRV appears to be developing an Impulsive Multiwave structure, consisting of a Polywave followed by a Multiwave.
The structure is now approaching its final stages. Price appears to be developing the F:3 corrective phase, which could potentially complete within the $0.25–$0.268 range, before the final L:5 impulsive leg unfolds and completes the entire structure.
Once this final leg is complete, I’ll be looking for a major reversal, with CRV potentially declining toward its projected true cycle bottom zone around $0.13.
CRV appears to be developing an Impulsive Multiwave structure, consisting of a Polywave followed by a Multiwave.
The structure is now approaching its final stages. Price appears to be developing the F:3 corrective phase, which could potentially complete within the $0.25–$0.268 range, before the final L:5 impulsive leg unfolds and completes the entire structure.
Once this final leg is complete, I’ll be looking for a major reversal, with CRV potentially declining toward its projected true cycle bottom zone around $0.13.
