Kennedy Channels (May 2018)

Kennedy Channels (May 2018)

EOS / Dollar BITFINEX:EOSUSD


EOSUSD             . Kennedy channels plotted. Watch for price action where base/acceleration/deceleration lines meet as these represent decision points.

* Blue = base channel
* Green = acceleration channel
* Red = Deceleration channel

Once primary channels are broken parallel ‘auxiliary’ channels offer a matrix of support/resistance .

* Darker shade = primary channels
* Lighter shade = auxiliary channel

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