Long
#EOS Long setup(If bounce above 50fib i.e 147ksat is confirmed)

Eos Trade Setup:
Eos has retraced around 50fib level of the Impulsive wave sequence 1-5(50k-244ksats)
RSI levels are oversold, with Bullish divergence.
Trade Setup:
Open Long- 150ksats, Target1-158ksats, Target2-165ksats, Target3-172ksats
Stoploss- 149ksats
Risk:Reward- 10.3 for target 1.
Target1: 158ksats around:
23.6fib retrace of wave c & 4H 20 & 200SMA resistance level.
Target2 & 3 around 38.2 & 50fib of wave c respectively.
Eos has retraced around 50fib level of the Impulsive wave sequence 1-5(50k-244ksats)
RSI levels are oversold, with Bullish divergence.
Trade Setup:
Open Long- 150ksats, Target1-158ksats, Target2-165ksats, Target3-172ksats
Stoploss- 149ksats
Risk:Reward- 10.3 for target 1.
Target1: 158ksats around:
23.6fib retrace of wave c & 4H 20 & 200SMA resistance level.
Target2 & 3 around 38.2 & 50fib of wave c respectively.
Note
#EOS +5.7% up, Target1 met , I hope you guys profited from this trade, however still i recommend to ride the full wave for tradingview.com/chart/2jHyamBl/
Disclaimer
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.
Disclaimer
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.