Hey guys,
With EOS/USD back above support, I’m loving today’s price action and have to share.
Take a look at the higher time frame chart featuring the zone that I blogged about the other day and have linked to in the paragraph above:
EOS/USD Daily
Not only did price kick back above the zone, but it’s also now retested it as support and held. Something we look for when it comes to deciding direction you should be trading.
Now zoom into an intraday chart and look at this beautiful short term retest:
EOS/USD Hourly
Price pulls back into short term previous resistance turned support and rips faces off.
The same sort of setup we look for over and over again. Did anyone take this one and get the immense risk:reward ratio on offer?
Nice 😎.
✌🏻.
| Steemit Blog
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