EOS - Possible 8-12% move
From my previous post I was waiting for the $11.5 area to resupply in hopes that the 3rd eliot wave would continue.
The chart above, like always, shows the possible bear outcome.
We might still be retracing into a larger B wave to still complete a larger C wave down near the $9.00. This would imply the impulse yesterday wasn't the start of a new wave or we failed the wave.
In either case I still see a small retracement Near B before we continue in any direction.
**Disclaimer - not financial advice, please trade with caution and DYOR.
Any comments are very appreciated.
The chart above, like always, shows the possible bear outcome.
We might still be retracing into a larger B wave to still complete a larger C wave down near the $9.00. This would imply the impulse yesterday wasn't the start of a new wave or we failed the wave.
In either case I still see a small retracement Near B before we continue in any direction.
**Disclaimer - not financial advice, please trade with caution and DYOR.
Any comments are very appreciated.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.