BINANCE:EOSUSD   EOS / US Dollar (calculated by TradingView)
47 0
Eos is forming a wedge indicated by the confluence of the ascending and descending slopes
Long at 5.39
with stop at 5.39
Take profit at 5.46

This could possibly become a larger trade depending on future price action
Comment: The descending centre line (red) is the focus of price action and oscillations from it are decreasing in amplitude. The last spike high on 7 November at 5.87 broke this trend.

Zoomed in to 1 minute;
I have cloned the ascending parallel lines to monitor the progress of the trade.
First target is around 5.41

The rejection from the descending red line can be clearly seen
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