BullmarketFX

EOSUSD short setup

Short
EOSUSD, we have a nice intraday short play, on the daily timeframe market has formed a nice W formation after a W formation we expect the pattern to complete at the neckline as it does most of the time, at the moment on lower timeframes everything is still bullish so cant be looking for the short yet, we need to see new market structure on lower timeframes and if market meets our rules for entry we can then be looking to short.
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.