EOSUSD BULLISH CUP & HANDLE, WEDGE IT EITHER WAY!EOSUSD (EOS TOKEN) 120 minute bars, 040718, 5:00 am, EST.
Michael Mansfield, CryptoPlayhouse
EOSUSD BULLISH CUP & HANDLE, WEDGE IT EITHER WAY!
This is an update an idea we published yesterday and its looking like:
1. MAVs are starting to round up.
2. It gave a tag above the resistance trend-line, yes it held it, but it didn't tank yet either.
3. Very nice CUP & HANDLE pattern that tend to be very bullish.
4. We have a b e a u t i f u l wedge pattern, that you can trade a breakout either way from.
I love trades where if by chance you are wrong, you can stop and reverse and almost ___________to get even from one side or the other.
and maybe the width of the pattern. STILL TAKES A SKILLFUL TRADER TO PULL OFF.
5. And, looks like another small 5 wave up of this first push. See breakout post or prior post for detailed trade plan, waves, pitchforks, and market cycle.
=======================================================
PAST TRADE PERFORMANCE OR ANALYSIS PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
TRADING CAN BE VERY RISKY, WITH POTENTIAL OF LARGE GAINS AS WELL AS LARGE LOSSES.
This analysis is meant for purely educational purposes. Any trade you happen to take based on our analysis is
for your risk of loss or gain. We have NO liability for your decisions to follow us, here or at another other time,
due to what we write or do. Trade at your own risk or not at all. Our analysis is the current opinion of the individual author
and can change at anytime without notice to those who may have read this. This analysis is neither investment advice nor a guaranteed science, but rather an informed attempt at predicting future movement based on historical data AND emerging patterns!
We genuinely hope that you pick up some techniques and learn to profit along the way.
If you find this post interesting and helpful, please click like and share widely. Thank you and good luck!
