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EOS Long term setup

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By drawing the fibs from the last crash to our last bottom as a reversal movement from the crash we can expect to retest areas as 0.5 fib and 0.618 fib.
We are currently having resistance from the 0.236 fib while we are inside a small bullflag.
The important support in the chart as you can see are the 5$.
With a brekage of this level the whole image changes to a more bearish sentiment.
Targets:
Long Term 0.5 and 0.618 fibs.
Short Term 6.4$ with a successful break of the bull flag .
Don't forget to protect yourself with proper Risk Management this is the key to winning!
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
By drawing the fibs from the last crash to our last bottom as a reversal movement from the crash we can expect to retest areas as 0.5 fib and 0.618 fib.
We are currently having resistance from the 0.236 fib while we are inside a small bullflag.
The important support in the chart as you can see are the 5$.
With a brekage of this level the whole image changes to a more bearish sentiment.
Targets:
Long Term 0.5 and 0.618 fibs.
Short Term 6.4$ with a successful break of the bull flag .
Don't forget to protect yourself with proper Risk Management this is the key to winning!
Information provided is only educational and should not be used to take action in the market !
Feel free to ask anything in the comments or send me a message !
Thank you for reading my post, have a great day !
Nota
Bullflag target reachedPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.