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TomKirk
Jul 29, 2018 8:55 PM

EOSUSD Long Long

EOS / DollarBitfinex

Description

-5 Week drooping H&S (2018-08-03 is the date for pattern symmetry)
-18SMA showing pattern test and breakout potential
-H6 showing a convergence of 50/200 with suppressed price potential
-Long term trend line retest

30 basis points of risk planned
Will monitor this week for an asymmetric risk/reward entry

Comment

No longer drooping, nearly punctured volume trend also
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