CLV appears to have broken out of a 2 year downtrend. This could be the starting signal of a multi-year bullish trend. In order to confirm the break out we're going to wait patiently for a daily candle to close above 0.048.
Once we made the entry, stop below the most recent swing lows, target at 2$. This allows us to build a massively reward trade with a potential risk-reward of over 145, one of the best trade of this year.
Keep in mind that this is a long-term position and could take 1-2 years to play out.
Once we made the entry, stop below the most recent swing lows, target at 2$. This allows us to build a massively reward trade with a potential risk-reward of over 145, one of the best trade of this year.
Keep in mind that this is a long-term position and could take 1-2 years to play out.
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