schuck15

EOS Bounce then Continuation

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I believe it is most likely that EOS will bounce off of the 50 W MA and hit the TL. Then it will continue on it's downward trend, possibly bouncing again on the 50 W MA and eventually breaking through. It will then Break through the S/R level in the boxed zone due to so many tests. A good play would be to short a retest of this S/R level after the possible flip.
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