EOS in ascending triangle, to go up 20%
EOSUSD is currently trading within an ascending triangle. It has recently had a positive long-term EMA cross, and has been consistently hitting against RSI support. There have also been top candles indicating that it wants to move to the upside.
This has a very attractive 5:1 risk reward ratio. A proper stop-loss would be below the 55 EMA.
This has a very attractive 5:1 risk reward ratio. A proper stop-loss would be below the 55 EMA.
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Trade closed manually
7% gain - good with me!Note
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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.