Methodical, Predictable, EOS Price Action

in #eos6 years ago

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Hey guys,

How’s your Thursday treating you? Here’s mine:

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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

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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

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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.

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Twitter: @forexbrokr
Instagram: @forexbrokr

Leave a comment to chat about forex and crypto trading mentorship.

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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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