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TheSignalyst
29 sep 2021 09:40

EOS - Potential Bullish Reversal! Lång

EOS / US DollarBinance

Beskrivning

Hello everyone, if you like the idea, do not forget to support with a like and follow.

EOS is approaching a support area so we will be looking for buy setups on lower timeframes.

on H4: EOS is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)

Meanwhile, until the buy is activated, EOS would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich
Kommentarer
matthias55
excellent analysis.
thanks
TheSignalyst
@matthias55 thank you Matthias
FXKillA
Nice clean chart mate, thank you👍🏼
TheSignalyst
@FXKillA, thanks brother Killa
InkyGrip
Thank you! I Appreciate all your analysis! Keep up the good work. 🦐
TheSignalyst
@plancton0618, thanks a lot Plancton :D
ForexTrendline
good prediction, looking forward to it
TheSignalyst
@ForexTrendline, thanks a lot dear
CobraVanguard
Beautiful setup mate. Thank you!
TheSignalyst
@T_V_TreeTrader, respect!
Mer