After extreme sell off EOS formed a bullish Shark

After extreme sell off EOS formed a bullish Shark

By moon333 | moon333 | 19 May 2021


Hi, dear friends, hope you are well and welcome to the new update on EOS coin.

The previous idea of EOS produced more than 227% gains:

q612oooc_big.png

https://www.tradingview.com/chart/EOSUSDT/q612oooc-EOS-formed-bullish-Cypher-for-upto-70-rally/ 

 

Now this time after the extreme sell-off, on daily chart , the price action of EOS has completed another leg of the harmonic Shark pattern.

a9mlpuHj

https://www.tradingview.com/chart/EOSUSDT/jHvG91pA-After-extreme-sell-off-EOS-formed-a-bullish-Shark/ 

 

Buying and sell targets for Shark move:
Buy between: $5.47 to $3.32

Sell between: $7.74 to $12.42

Stop loss:
The maximum extent of the potential reversal zone to $3.32 can be used as a stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 274, and a high loss possibility up to 40%, therefore, to enter we can use the help of different indicators as well.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

 

 

For more harmonic trading ideas you can join:

https://www.patreon.com/moon333

 

Link for Binance exchange, the best place to buy or sell Crypto:

https://www.binance.com/?ref=11256882

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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