EOS potential long position - Target $8.45
Bullish flag pattern has emerged with a potential target at $8.45 with a stop loss below $4.95
Trade active
As you all noticed EOS has dropped to almost $5.40 but still far away from our stop at $4.95Trade is still active and we might look for a bounce here to test resistance at 5.85 then we should break the channel or the wedge ( as I will update the pattern in the next comment)
However, in 30mins chart EOS shows up move toward 5.85
Trade closed: target reached
Ok we reached intraday target to 5.85 and crossed it to 5.95 we look forward to break $6 lvl to go for our daily target at 7.75-8.50
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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.