InvestingScope

H&S completed. Resuming the downtrend.

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EOS completed a Head and Shoulders pattern on 1D (RSI = 40.635, MACD = -0.166, STOCH = 50.955), and after a new Lower High at 5.5570, can now resume the technical downtrend on the 1W Channel Down (Highs/Lows = -1.1197, B/BP = -3.3836). Our short targets are intact: TP = 3.8925 and 1.6921 in extension (the latter will be updated what approach is best to follow).

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