alaekhalditrader

EOS Bullish (Wyckoff cycles / Elliott Waves / Fib Extension)

Long
EOS/USD still on ascending Wyckoff accumulation cycles, before an eventual breakout towards the Top of Wave 3 that usually reaches above the 1.0 level on the Fibonacci extension

Wave 1 and 2 prfectly respect the Elliott Wave Theory

If Wave 3 fails, we may see a longer consolidation cycle

Entry price between $8.70 & $9.20

Short term Targets :

$10.40
$11.10
$11.90

Good luck everyone :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.