EOS is neutral on a short term basis trading inside a 1D Triangle (RSI = 50.714, ADX = 24.047, Williams = -47.042, CCI = 15.1982, Highs/Lows = 0.00) that is approaching its exhaustion point. With 4H also neutral (RSI = 47.669, Highs/Lows = 0.00) but on a more bearish slope, the 1W Lower High at 6.31 should stay intact, maintaining the long term bearish trend. However, unless 4.7505 breaks to the downside, the momentum on the short term will stay neutral and 5.1650 - 5.9780 can be scalped. On the long term we remain bearish with TP = 3.8925 and 1.6921 in extension.
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