EOS broke down as expected even though I got out at break even.

LESSON

The principle behind the EOS trade was this: When an asset gets into a longer consolidation while in a downtrend, it tends to break further down.

The longer the consolidation the harder it falls.

Usually, they make measured moves, take a look at the yellow arrows.

They make similar moves.

My TP (take profit) is exactly at the end of the arrowhead.

Never mind if you miss the trade, but don't you dare miss this lesson. $EOS