2nd July EOS 15min Analysis

in #eos7 years ago

C was a Bear Trap region. Falling in line with the previous 4th of one lesser degree.

Plus it was a region of high activity.

Are we in another wave up?

15min Chart


1hr Chart


Analysis

Lower Lows

Price hitting Resistance with volume.
Upon breakout, is a high probability it will climb.
Wait for confirmation on volume.

RSI Support
Indicating Bullishness
according to Constance Brown RSI Rule