CVT Daily
CVT closing in on 2009 low,
I've entered within the triangle, scaling in as a small early position (this is a multi year trade)
Currently broken lower as most triangles continue on, and there is a 5 wave structure lower and showing a fib cluster for a potential end of wave 5
Will buy again around the wave 5 cluster low if there are some bullish candles start showing up or clear divergence and a small candle...
I've entered within the triangle, scaling in as a small early position (this is a multi year trade)
Currently broken lower as most triangles continue on, and there is a 5 wave structure lower and showing a fib cluster for a potential end of wave 5
Will buy again around the wave 5 cluster low if there are some bullish candles start showing up or clear divergence and a small candle...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.