RVN in a huge bullish squeeze.

Hello!

More bullish news, RVN is looking at an open blue ichimoku sky.

Slowly inching forward on the RSI wedge, no precise breakout pattern, except the ichimoku cloud. There might be a fractal repeating itself.

RVN is furious when it goes. Heavy manipulation incoming.

-B

Comment:

50 trying to cross 100 MA right now, this should initiate a small rally towards the 200MA are @ 330ish. Coincidentally this would start to form a reversal base with Wyckoff/Wedge breakout/IHS patterns to emerge.

Looking good. Let's keep this fresh.

Comment:

I want to raise A WARNING, we could see a SPRING drop, a bear trap. Before this hits the road to the hill.

This is the scenario: maybe a SL @295

Trade active:

As for the warning, we are still in limbo. We could see a spring drop bounce still. Be aware.

Avarage in if SL hit.

Comment:

And... RSI shows a possible reversal zone on the RSI ascending line marked with a red circle.

All the best!

Comment:

Trade active:

Looking very good, strong RSI. Many RES on the way, but as said initially, this is RVN, and when it goes, it has no breaks.