lexcel
Long

POSSIBLE EOS RESVERAL

BITFINEX:EOSUSD   EOS / Dollar
BITFINEX:EOSUSD tested the multiyear trendline and held, On the 1D we observe an inverted three rising valley pattern (quite visible on the inverted chart) which is an indication of the short term reversal.


targets for the completed pattern is $4.79 i indicate take profit zones to manage the trade
The trade is invalidated if price trade below $2.45.
Confused. You say three rising valley on an inverted chart.

Three rising valleys is a bullish pattern. If you're seeing it inverted surely that is bearish?
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lexcel rektkid
@rektkid, I may have the ''name'' of the pattern wrong tho, but my analysis is for bullish case. Invert the chart and you will see a bearish flag on the daily with head and shoulder on the 1H
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