FOR THOSE TRADING EOS. CORRECTION, INVERSE H&S
Updated
Zooming in on EOS chart we can see an inverse head and shoulders forming. We need the next shoulder to complete and break above neckline to confirm. This is in my opinion a continuation of the bull run on EOS. We still have more to push to complete the 3rd wave before we retrace on the daily to complete 4th and then back up for a mighty 5th to an unprecedented high.
Trade safe and take everyones ideas as just that, ideas.
This is not financial advice.
Peace and profits.
Trade safe and take everyones ideas as just that, ideas.
This is not financial advice.
Peace and profits.
Note
Right shoulder extended a bit further but formation is still in play. Go long after neck is broken and holds above..
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.