EOS has not even completed the five subwaves of wave 3. EOS has just completed subwave 4 and is about to start subwave 5. Subwave 4 is in the shape of a bull flag and is a ABC correction. Since subwave 3 was longer than subwave 1, subwave 5 is likely the same length of subwave 1 and hit $17.
After EOS, completes the five subwaves of wave 3, it will likely correct to the 0.382 Fibonacci Level, which is $14. That gives us a good opportunity to increase our position and prepare for wave 5.
After EOS, completes the five subwaves of wave 3, it will likely correct to the 0.382 Fibonacci Level, which is $14. That gives us a good opportunity to increase our position and prepare for wave 5.
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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.