EOS has had a 200%+ move up in the last month. In this video I discuss why it could be time for a pull back and how to safely get short to take advantage of a retracement.
There seem to be two patterns forming up. The first is a Larger BAT pattern which i discuss first, then i move to the smaller Garltely setting up and discuss how I will use either pattern to get short.
Jump to reference points:
0:20 EOS April to May move 200+ %
1:05 Missed weekly & monthly central pivots pointed out and discussed
1:20 Discuss why i dont get long when missed pivots below price
2:00 Good time to get long? I dont think so
2:30 Pattern #1 BAT discussed
3:00 Patter # 2 Gartley discussed
4:00 Potentially getting short, entry, stop & R:R
5:40 Trade management & Price targets
6:15 price exceeding R3 with a missed central pivot
6:50 Summary of both patterns
9:00 how Bitcoin could influence EOS to head lower
Ill update once one of the patterns completes.