JoelRBishop

EOS Measured Move to $12.44 or Kijun Bounce?

A measured move to 12.44 using the Fibonacci extension lines up almost perfectly with the top of the Kumo cloud (Span B) if price were to move into the cloud and begin an edge to edge move.

Do you think we will move into the cloud first or test Kijun support and bounce into the cloud afterward?

I'm currently neutral and waiting for confirmation in either direction.
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