Methodical, Predictable, EOS Price Action
![4DCE40DE-8358-4827-86D5-E9226316876B.jpeg](https://steemitimages.com/DQmb77z4xQPmaXSJSgHRD1v2qVqGaAnjQstn6tMv4YNUMxv/4DCE40DE-8358-4827-86D5-E9226316876B.jpeg)
Hey guys,
How’s your Thursday treating you? Here’s mine:
![86E4FE28-546A-4735-B6AB-B60B4A9C68C3.jpeg](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmXzWKoutwKmYXLmeZ4B1zsWVYEp6xUjy8moGSoaEd1PnA/86E4FE28-546A-4735-B6AB-B60B4A9C68C3.jpeg)
Markets are still doing their thing, burning the hodlers and worst of all, the content creators here on Steemit. Those Steem Backed Dollars, huh... Ouch.
Anyway, I wanted to reinforce yesterday’s notion that this is in no way close to a capitulation. Take a look at EOS for example.
Start off with a higher time frame:
EOS/USD Daily
There’s your clear zones that we want to see hold or break to trade in the direction of.
Now step inside to an intraday chart and have a look at how price reacted around them:
EOS/USD Hourly
You’re telling me that’s not methodical, predictable price action that you couldn’t rationally trade? I call bullshit.
Wait until the higher time frame level holds or breaks and trade pullbacks in that direction. The formula for success is simple.
Enjoy your Thursday!
✌🏻.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
Instagram: @forexbrokr
I am thinking about buying some EOS and maybe even a few SBD
I aggre with u..
We need just wait
Hey @forexbrokr I just read your post and it is amazing. I just upvoted too and Its a request if you upvote and comment on my new post please support newbie like me https://steemit.com/india/@chetan1998/a-good-news-for-crypto-lovers-in-india-must-read
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To support your work, I also upvoted your post!
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