hedgewithcrypto

Adding to short position on EOS

Kort
hedgewithcrypto Uppdaterad   
EOSUSD is setting up a potential rising wedge pattern.

I'm still in position from my previous trade analysis on EOS which you can view here:
This is a great example of how I add to my position and ride the overall trend. Of course, with tight stops.

Short target remains as shown.

All this is happening while BTC is also forming a rising wedge pattern = higher odds of success.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

Kommentera:
This small trade did not work out. Appears to be strength on smaller time frames. I'm still holding positions from previous trades. Protective stops near red line.

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