ETHO possible point of entry
ETHO gives sings of point of entry that will form in a couple of days. Expected levels of that point are highlighted by zone on the chart. There is a real possibility for growth up to 0.0930 level. And, if it exceeds it, there is no real resistance up to 0.10. There are several factors in favor of that. Mainly global EWO wave change and local RSI support. MACD in combination with support levels allows us to expect at least some clarity of levels.
Based on that data, I can create buy setup below:
Buy price: 0.0825 - 0.0845
Take profit: 0.0917
Stop loss: 0.0790
Based on that data, I can create buy setup below:
Buy price: 0.0825 - 0.0845
Take profit: 0.0917
Stop loss: 0.0790
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