EOSUSD Long
-5 Week drooping H&S (2018-08-03 is the date for pattern symmetry)
-18SMA showing pattern test and breakout potential
-H6 showing a convergence of 50/200 with suppressed price potential
-Long term trend line retest
30 basis points of risk planned
Will monitor this week for an asymmetric risk/reward entry
-18SMA showing pattern test and breakout potential
-H6 showing a convergence of 50/200 with suppressed price potential
-Long term trend line retest
30 basis points of risk planned
Will monitor this week for an asymmetric risk/reward entry
Note
No longer drooping, nearly punctured volume trend also
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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.