EOS W Formation Spotted
Hello and welcome to my post !
EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher.
Because of that proper risk managment and position managment are a must.
First Target: 6.5$
Second Target: 6.750$
Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment.
Don't forget to protect yourself with proper Risk Management also the information provided is only educational.
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post,if you liked the idea you can support with a like and a follow have a great day !
EOS is in a strong uptrend at the moment because of that patterns as the W are higly probable to be profitable.
We found strong resistance at 0.236 fib in our first hit and now we are on the neckline (5.685$) of the W pattern waiting to see a break.
W patterns have a tendency to break, make a run and crash down to liquadate a lot of people and after that continue higher.
Because of that proper risk managment and position managment are a must.
First Target: 6.5$
Second Target: 6.750$
Indicators: (RSI,SRSI,CIDI) The upside momentum of the indicators are strong and bullish for the moment.
Don't forget to protect yourself with proper Risk Management also the information provided is only educational.
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post,if you liked the idea you can support with a like and a follow have a great day !
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