EOS/USDT Elliott Wave count 12H TF
Eos looking good for a potential move to the upside with a WXY correction or a flat. If it will be a flat the price must go impulsivly for a C wave. If it will be a complex correction than we must expect for an abc move to the upside to complete the Y wave.
Wave W(red) or A (flat) is a complex correction, wave X (red) or B (flat) is an extended flat correction.
Wait for a breakout above 1.225 to enter long with targerts into the 2.20 - 2.70 zone and stop lose under the 5th wave (blue) from wave C from flat that is forming X (red) or B (flat) but I will update when we have more price action.
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Thank you and good luck!
Wave W(red) or A (flat) is a complex correction, wave X (red) or B (flat) is an extended flat correction.
Wait for a breakout above 1.225 to enter long with targerts into the 2.20 - 2.70 zone and stop lose under the 5th wave (blue) from wave C from flat that is forming X (red) or B (flat) but I will update when we have more price action.
If you like my analysis subscribe for future updates and hit the like button.
Thank you and good luck!