EGLD - Short Idea 12.02.2021
EGLD is overbought on the daily timeframe. The price rejected $142.85 level on the 4h TF and started to forming downtredn with a LH and LL.
On the 1h TF the price action is below EMA 50 and I expect a break of the $134 level and continuation towards the support at $130.
On the 1h TF the price action is below EMA 50 and I expect a break of the $134 level and continuation towards the support at $130.
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