$CRV - Macro / HTF Picture To add to the top down I posted yesterday ... For those that are accumulating for the longer term, know that this thread below are my short to perhaps medium term thoughts based on raw price action. If I were to chart CRV with the longer term / big picture in mind I'd view it as follows: - Macro range established between 1.0570 and 6.8 - Midrange coming in at 3.9285 - Assuming we are in an accumulation phase since Mid 2022, a weekly reclaim of Range Low would be the trigger, where we would assume we are perhaps transitioning from Accumulation -> Markup. I'm not endorsing a buy and hold here and saying that we're going back to Range High. It's just important to know what market phase we are in based on current data and to position yourself that aligns with your time horizon, risk appetite and so on ... So with the two posts together, I'd view it as an opportunity if we sweep those vulnerable monthly lows into .34 and reclaim, as the context would tell me that we're being offered discount within an assumed accumulation phase, that would have me holding until *at least* mid-range of the larger macro range and potentially new ATHs. That would be solid R:R coupled with the lower timeframe trigger to minimise risk (said reclaim of .34 after the sweep). But I still don't know if we get it. You might think these prices are cheap enough given the context and view .34 simply as a bonus opportunity .... Just wanted to ensure I was painting the full picture for everyone. Downside risk exists zooming in, but zooming way out, this is price action *within* assumed accumulation ... GL