EGLD Long RR:4.6
Accumulation for two years from Jan. 2022 in the 38.12-69.64 channel with deviation down, then exit down into the 22.49-38 channel. 12 followed by a return, with a deviation upwards. At the moment the price has gone under the middle line and is in the channel of a pair of hourly levels 46.23-49.41
We are watching for the breakdown of the hourly channel up 49.41 and the daily channel up 51.63.
Trading idea. RR 4.6
Medium term. Long.
Entry with two orders in Long.
Stop behind the hourly level 46.19.
Takeout under the daily level 67.40.
EP 49.08
AP 46.87 (additional EP)
SL 45.65
TP 66.42
We are watching for the breakdown of the hourly channel up 49.41 and the daily channel up 51.63.
Trading idea. RR 4.6
Medium term. Long.
Entry with two orders in Long.
Stop behind the hourly level 46.19.
Takeout under the daily level 67.40.
EP 49.08
AP 46.87 (additional EP)
SL 45.65
TP 66.42
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