EOS
Long
Updated

EOS trade setup

618
EOS entered a consolidation, made a bullish div on the hourly /30min. Now looks like its breaking up in a triangle. Good r/r setup here. Entry/stop in chart. Target is .382 and .5 to be safe. This Could also be continuation of the longer uptrend in anticipation of the mainnet launch, but we could also go for a B leg here and then enter a C wave. Im taking profits at the fibs.
Note
1st targ hit sold half
Note
sold 25%, stop loss moved up to just below 18$
Note
wow did not expect the move to be that sharp, but we are extended. almost t2 hit
Trade closed: target reached

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.