EOS
Short

EOS/USD XHART ANALYZE 4-HOUR SHORT

103
EOS trading in a fall after breaking down from symmetrical triangle

last 3 candles very bearish
spinning top and 2 nasty bearish candle.

trading below the 5.1494 usd support
a close candle below the support with a bearish candle would be a sign to SHORT.

RSI oversold
MACD on negative side
HISTOGRAM on negative side

Pattern : FALL

Entry below 5.1494 with a 4-HOUR candle close
Target : 4.9672 And 4.8168 (2 target)
Stop-loss: 5.2153

After hitting target on move stop- loss to 5.1494

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.