EOS
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EOS WAVE 4 RETRACE TARGET

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Hello Traders,

My EW count would suggest EOS is in the middle of a wave 4 retrace and currently looks to be inside a descending triangle/bear flag. My target for this wave 4 retrace is the Daily 200MA.

Nearer the time I will be looking for oversold conditions on the RSI and change of momentum to help further identify the bottom of this corrective leg.
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So far so good. Daily RSI has more room for downside. снимок
Заметка
Well the price hit my target of the Daily 200MA with a wick. снимок

On lower time frames there doesn't seem to be much bullish divergence and it kind of looks like it wants another small leg down but i could be wrong. снимок

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