EOS looking to break out of current price levels because of the falling wedge shape and the potential bearish BAT XABCD pattern that looks likely to be completed.
*The fib ratios look good on the BAT pattern and if it plays out we should see breakout towards $2.8 and strong move down after that.
*We also see a clear long term bullish divergence on the accumulation distribution indicator.
*Set a tight stop loss around 2.41 and enter now !
Please note that I am not licensed to provide financial advice and that this is just a speculative setup. Do your own analysis and due diligence before trading, I do not take any responsibility for your losses. Give a thumbs up if you wish to see more from me!
Ghi chú
First profit taking opportunity is now. Or, for the conservative traders you can close the position now if you wish.
Đóng lệnh: đạt mục tiêu
Could have took profits higher but we live to trade another day!
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.