I think I did something not right picking the standard fibs on the previous idea and also pickup a weak curve. This idea is to fix things. EOS already hit the 1.618 standard fib extension and also the 1.618 circle fib. To fix things I will get out when it hit the green dashed curve for the second time. It will also be a short signal so you can get out and immediately reverse with a very very little stop loss to have a very high risk return. I don't like reversal positions that aggressive, but stop loss you save you if things go bad. So the target here is not a value but the dashed curve. You need to monitor it.
Yorum:
I have reviewed what I could done wrong again and that 2.8% diff really exist, it is possible market will get there again so I will not revert direction on hitting the dashed curve, just get out, as there is already more than 50% profit on this trade:
Yorum:
EOS is going down, looks like it will go further down before going up again. It is breaking down the inner 1.0 Circle Fib:
