Hello traders,
On 1H EGLDUSD chart we can see that last week EGLD pumped nearly 100 percent. It was without any bigger correction, EGLD just forme 2 triangles. Somebody may consider this as correction but i personally need something more deep. Also, another big factor that convinced me that EGLD may reverse its trend is RSI. We can see clear bearish divergence on RSI - RSI was falling while price was rising = storng signal that trend may be soon over and buyers are loosing power and strenght.
So i am opening short here, putting SL around 63-64 and i have 2 TPs and they are support lines which are market in chart with yellow. They are also bases for that 2 triangles.
I will appreciate like and follow
TRADE WITH BRAIN, NOT GREED
On 1H EGLDUSD chart we can see that last week EGLD pumped nearly 100 percent. It was without any bigger correction, EGLD just forme 2 triangles. Somebody may consider this as correction but i personally need something more deep. Also, another big factor that convinced me that EGLD may reverse its trend is RSI. We can see clear bearish divergence on RSI - RSI was falling while price was rising = storng signal that trend may be soon over and buyers are loosing power and strenght.
So i am opening short here, putting SL around 63-64 and i have 2 TPs and they are support lines which are market in chart with yellow. They are also bases for that 2 triangles.
I will appreciate like and follow
TRADE WITH BRAIN, NOT GREED
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。