EOS - Ending diagonal
My current perspective on EOS is a 5-3-5 zigzag from the ATH. Wave C is coming to end with wave 5 currently in play which is breaking down into an ending diagonal.
In the shorter term i believe price could rise to around $7.66 - $7.8 which is between the .382 - .5 fib levels of the move from wave b to wave c. followed by a small retracement for wave E and then a sharp breakout to the upside.
A break of the trendlines/channel would invalidate this scenario
I would appreciate any thoughts/opinions on my count
In the shorter term i believe price could rise to around $7.66 - $7.8 which is between the .382 - .5 fib levels of the move from wave b to wave c. followed by a small retracement for wave E and then a sharp breakout to the upside.
A break of the trendlines/channel would invalidate this scenario
I would appreciate any thoughts/opinions on my count
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