BobFlynn
Short

EDO Correction ?

BITFINEX:EDOUSD   Eidoo / Dollar
Hi guys,

EDOUSD has been rallying lately. But I see a short opportunity.

Price is being suppressed at 1.35USD level, resistance is very hard (see red arrows). We will use this level as a stop.
StochRSI is overextended and we probably going to see a double top :)

SELL : 1.315
BUY : 1.14 (S1 / Lower Bollinger Band / EMA200)
STOP : 1.36 or above
R/R : 3.15

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Comment: Probable double top forming :
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