Long

CRWU – Breakout From Demand Zone (1H) Long

CRWU (T-REX 2X Long CRWV Daily Target ETF).

CRWU got absolutely wrecked after that parabolic run to 35+, dumping all the way down into the 10s. But here’s the kicker — that flush might have been the reset this needed.

Price spent weeks building a solid base around 10.75–12.00, aka the demand zone.

Now we’re finally breaking out of the 14.40–14.50 ceiling. Green Heikin Ashi candles showing momentum flip.

Stoch/RSI printed fresh “Bull” signals after multiple oversold cycles.

MACD histogram turned green after a monster red wave = buyers stepping back in.

Demand & Supply

Demand Zone (Support): 10.75–12.00 → where bulls defended hard.

Supply Zones (Resistance): 30–35 → the “danger zone” where bag holders live.

Trade Plan

Entry: 14.30–14.50 (breakout zone)

Stop Loss: 10.30 (under demand lows, invalidate structure)

Take Profits (scale out):

TP1 → 18.48 (1R)

TP2 → 22.57 (2R)

TP3 → 26.66 (3R)

TP4 → 30.75 (4R)

TP5 → 35.44 (full send, retest highs)

Risk/Reward looks tasty — up to 5R if we squeeze back to the top.

Risk & Trade Management

I’ll risk 1–3% max. Leveraged ETFs like this move crazy fast, so small size only.

Once TP1 hits, I’d move stop to break-even and let the trade breathe.

I’d also scale out piece by piece — pros lock in profit on the way up.

Don’t forget: CRWU tracks CoreWeave (CRWV) 2×. They just reported Q2 earnings:

Revenue +207% YoY 💥

Backlog at $30B

“Amateurs want to be right. Professionals want to make money.”

I’m not here to marry the trade. If demand holds and we rip, great. If not, I cut it fast and move on.

⚠️ Disclaimer

This is not financial advice. Just sharing my plan for educational purposes. Leveraged ETFs = high risk, manage size, don’t chase blindly.

DubaiTradersHub

By Dubai Traders Hub
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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.

DubaiTradersHub

By Dubai Traders Hub
Follow us on X , YouTube, and Join our Telegram Channel

Also on: