EOSShort
Consolidation achieved. Higher extension limited. Short.
After a moderate rebound at 4.1839, the momentum on EOS has shifted within a tighter Falling Wedge pattern hence the elevated neutrality on 1D (Williams = -51.953, CCI = 2.0932, Highs/Lows = 0.0000, Ultimate Oscillator = 49.557). This consolidation was the expected technical response to the previously oversold RSI, STOCH, STOCHRSI, Williams, as discussed on the previous post. The dominant trend however remains bearish on a Channel Down, still limited to a maximum Lower High within 5.9782 - 6.4155. We remain short on EOSUSD with TP = 3.8925 and 1.6921 (November 24, 2017 Low) the extension.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.