First I thought we had made the correction with the breakout of the pennant but as we went lower it invalidated the setup.
Now I came to the conclusion that we are in a bigger triangle correction and I also came to a reasonable wave count.
Whereas every wave of triangle correction consists of 3 sub-waves we have to finish the last E-wave.
A good entry point would be at the last low at 5.05USD.
First target would be the trendlinie at around 7USD.
Still convinced that EOS will be one of the leaders in the next bull run.
Now I came to the conclusion that we are in a bigger triangle correction and I also came to a reasonable wave count.
Whereas every wave of triangle correction consists of 3 sub-waves we have to finish the last E-wave.
A good entry point would be at the last low at 5.05USD.
First target would be the trendlinie at around 7USD.
Still convinced that EOS will be one of the leaders in the next bull run.
