EOS/USD - 12% Correction
Updated
EOS had a good rally as per my previous analysis with all target achieved (see previous idea below)
Now on the Ichimoku cloud we expect to turn bearish and retrace to 1.7244 initially and if the 382 retracement broken, to 1.6194 where we find stronger support.
Entries can be sought only if support is broken at 1.85 or below with significant momentum on the downside.
This is a healty correction that willl lead to the continuation of the bull run as per previous analysis.
Trade Safe.
Now on the Ichimoku cloud we expect to turn bearish and retrace to 1.7244 initially and if the 382 retracement broken, to 1.6194 where we find stronger support.
Entries can be sought only if support is broken at 1.85 or below with significant momentum on the downside.
This is a healty correction that willl lead to the continuation of the bull run as per previous analysis.
Trade Safe.
Trade closed: target reached
1st target Reached Take profit 1
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