Double bottom top potential. waiting for bearish candle under neckline! Perfect risk to reward.
If EOS can close a bullish candle top of the resistance zone we can hope to achieve the targets. Risk to Reward is very attractive!
Here is a important point that we should consider! we expect after a vary long downtrend when new impulse wave started(1 of 5) the first corrective wave (2 of 5) correct most of the wave 1, also mostly the corrective waves are very slow!!! so maybe still we are in a corrective wave.
Bullish candle to break the resistance line required, if not a bearish candle can push the market to down, if the channel support break maybe we have a drop down to channel bottom.