13 June 2018 -> Long on EOS/USD (2-hour)

T

Trading Ideas

Guest

13 June 2018 -> Long on EOS/USD (2-hour)
EOS / Dollar BITFINEX:EOSUSD
RB-30

Excuse me for posting late. But on this chart you see that the bulls have pushed the price back far, which result a candlestick pattern called a hammer . Beside you see a big volume on this hammer , so it would be likely to go up.

So the best scenario was to buy at the hammer and use that support line as a stop loss.

What kind of target would I be setting is at 11.28$

Continue reading...