EOS in an ending pattern

Aktualisiert
Will it do another low? Will it sweep the ATL? Would make sense. On the other hand, its already down 98% from ATH.

Holding the 2018 would confirm the next leg up to be of a higher degree aka be a moon shot vs a new low might just indicate the next leg up to be a normal retracement ending somewhere 0.618/0.886

Either way, R:R seems ok

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Anmerkung
well well well, lets flip this 0.85 r/s and go to moon?
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Backtesting the breakout

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Anmerkung
patience and patience we can see the back test has been successful and $0.80 level is currently being worked on, once surpassed, trigger 0.236 for reversal and when reclaining that, 0.382 be next on the menu. until then, nothing to do
Anmerkung
lets draw some fibs... .yeah... 8.236 looks just right, but lets keep an eye on the next impulse, gotta take 4.236 !

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Trade ist aktiv
Finally, the pattern is clear and done

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Anmerkung
awesome reaction off the wedge. 2.30 will be a nut to crack but after that O M G
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