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EOS Lurches Down to Next Higher Time Frame Support Zone

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Hey guys,

Yuck.

Markets rolling over big time today, but when you take a closer look at the carnage, it’s pretty technical and predictable.

Take a look at the daily for the higher time frame zones that price has predictably moved between. We are in a bearish trend remember:

EOS/USD Daily

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Pretty obvious levels and pretty obvious price action around them, don’t you think? Nothing fancy, just a couple of obvious straight line zones to help us manage our risk.

Well now we’ve lurched into support, we zoom into the hourly and wait for a retest of short term resistance as support:

EOS/USD Hourly

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Or we go straight through. God this is shit to watch and write about 🤮.

✌🏻.




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EOS Lurches Down to Next Higher Time Frame Support Zone was published on and last updated on 22 Jun 2018.