1st July EOS Analysis

in eos •  7 years ago 

Failed Y ending. Possibly end of correction?
With extreme volume, Completed a 5 Wave move up.

1H chart
RSI shows dipping.
if it starts to find resistance at 60 and support at 40.
it will be an indicator that we're in a bearish move down

4H chart
Indicative, that it's failing to break the 55EMA and is set for another wave down.
Will it tick over soon?

All timeframes before 4H shows trending above the 55EMA

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