CRWV is primed for a short, with market structure breaking down and volume confirming the downward direction. This high-confidence setup has all the makings of a profitable trade.
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🔴 CRWV SHORT 📉
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📍 Entry Range: $102.3176 – $102.5224
🛑 Stop Loss: $105.4926 (-3.0%)
🎯 TP1: $100.8837 (+1.5%)
🏆 TP2: $97.2990 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The CHoCH signal fired as CRWV broke down from its recent range, while CVD and FVG signals also lit up, indicating a strong fair value gap and a clear direction. Additionally, the presence of an order block overlapping with the fair value gap creates a powerful confluence of resistance, making this short setup even more compelling. With these signals aligned, the trade looks ripe for the taking.
A 3.0% stop loss may be considered relatively tight, but with a favorable risk-to-reward ratio of 1:1.7, it's manageable with moderate leverage
Taking partial profits at the first target could be a prudent move, allowing traders to lock in some gains while still riding the momentum of the trade
Not financial advice — always manage your own risk 🙏
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