EOS - Possible 8-12% move
From my previous post I was waiting for the $11.5 area to resupply in hopes that the 3rd eliot wave would continue.
The chart above, like always, shows the possible bear outcome.
We might still be retracing into a larger B wave to still complete a larger C wave down near the $9.00. This would imply the impulse yesterday wasn't the start of a new wave or we failed the wave.
In either case I still see a small retracement Near B before we continue in any direction.
**Disclaimer - not financial advice, please trade with caution and DYOR.
Any comments are very appreciated.
The chart above, like always, shows the possible bear outcome.
We might still be retracing into a larger B wave to still complete a larger C wave down near the $9.00. This would imply the impulse yesterday wasn't the start of a new wave or we failed the wave.
In either case I still see a small retracement Near B before we continue in any direction.
**Disclaimer - not financial advice, please trade with caution and DYOR.
Any comments are very appreciated.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.