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brettfb
May 3, 2018 9:27 PM

EOS USD Updated Correction Target Short

EOS / US DollarBinance

Description

Updated to account for the full length of B, and assuming this is a zig-zag correction.

At the target for C (~$15.50), C equals 0.707 of A which coincides with a full retrace to 0.5 of the preceding motive.

I don't have any positions in EOS at the moment but I would consider it a short until around $15.50, barring a change in character of some sort.
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