= ELEMONT FX =
Analysis:
- EOS has found support at the 50% fib
- Oscillator has turned up from being oversold (bullish)
- Expect price to retest the pennant (resistance)
- If price closes below the 61.8% fib instead, expect another leg lower
Targets
1. 17,000
2. 17,800
Analysis:
- EOS has found support at the 50% fib
- Oscillator has turned up from being oversold (bullish)
- Expect price to retest the pennant (resistance)
- If price closes below the 61.8% fib instead, expect another leg lower
Targets
1. 17,000
2. 17,800
