We may have seen a fitch wave failure already on the EOS chart, or we still remain in a bullish pendant waiting to breakout on to the fifth wave.
Also we are trading below the 30EMA lets see this becomes overhead resistance to. (2HR chart)
Scenario 1 fifth wave failure = we abruptly follow a ABC correction back to the 1st wave peak.
Scenario 2. Not a failure and we accelerate to $7.70. There is a lot of over head resistance above the 3rd wave peak. If your long watch outdoor the overhead resistance!!!
Peace out!
LULU!!
Also we are trading below the 30EMA lets see this becomes overhead resistance to. (2HR chart)
Scenario 1 fifth wave failure = we abruptly follow a ABC correction back to the 1st wave peak.
Scenario 2. Not a failure and we accelerate to $7.70. There is a lot of over head resistance above the 3rd wave peak. If your long watch outdoor the overhead resistance!!!
Peace out!
LULU!!
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。