EOS very bullish ahead, cup and handle formation on a day chartBITFINEX:EOSUSD
The chart speaks for itself, we have two strong resistance ahead at $1.85 and $2 so watch for those.
Once it crosses them the $2.20 is a very achievable target.
It can take some time to get there but I would say by next week sometime we should be pretty close to the target.
Personally I'm very bullish on EOS, we are still on an very much up trend, as long as it makes higher lows and soon higher highs, there is no reason to panic :). The market seem to be very strong.
If you still want to get on board look for consolidation zones and get in there, the optimum buying point is gone.
Higherhigh
GBPCAD 2HPrice is stuck in a tight range between support & resistance.. Price failing to break the 38.2 fib level rejecting many times & could not close above it just yet, however we have inflation news out of CAD tomorrow which a big move should take place. If we break this daily fib level, this pair will fly to the upside. Confirmation is key but a lot of pips to be made on this pair!!
CADCHF DAILYSimilar bias here to cadjpy as price rejected daily support all week, showing bullish momentum may be coming this week for CAD. Price is in a high base uptrend, & most likely will head higher. Daily wedge breakout & now price is consolidating above.. This will be on my watchlist for this upcoming week :)
EURUSD Weekly Perspective Taking this pair back to the monthly & weekly, you can see price was in a consolidation for a couple years being range bound. We got a breakout of a key level but a retest never occurred after its strong bullish move. I believe this pair will come back to retest the 1.14500 region before pushing higher. This key level will be extremely hard to break though now that we are in an uptrend making higher highs & higher lows. Hope this was of help to you ! :)