EOS fell out of downtrend channel and is now moving just above long term support. I'll take this as beginning of a new chapter and give it a try with trade like:
- entry 72k5
- stop loss bellow that green area, initially at 66k9
- target 1 at 84k (around previous high)
- target 2 at 99k (just bellow psychological resistance of 100k)
- final target around 38.2% Fib level, will be defined later (if it will come up there :)

Zoomed out 4H chart:

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)

Related Ideas


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.