EOS had a very nice run since September 2016 (MACD crossover at negative level = good buy)
Then, it climbed on an uptrend, lying Fib Fan 61.8% to form S3 and S2 strong support levels.
Today's candlestick is the critical one because MACD level has reached the historical high where Jun 2016 formed. If today's candlestick formed as a "dark cloud cover", I suggest we short current position.
I do not recommend long atm.
Then, it climbed on an uptrend, lying Fib Fan 61.8% to form S3 and S2 strong support levels.
Today's candlestick is the critical one because MACD level has reached the historical high where Jun 2016 formed. If today's candlestick formed as a "dark cloud cover", I suggest we short current position.
I do not recommend long atm.