๐ฅ EGLD Reversal From Channel Support: High Risk-Reward
EGLD has been trading inside this bullish channel for well over two months now.
As of a few days ago, EGLD has reached the channel's support. As of today, we've seen a massive green candle. It's likely that this huge candle will signal the lows and commence the reversal.
In my view, this is a high R/R trade since the stop is quite close and the target is the top of the channel.
As of a few days ago, EGLD has reached the channel's support. As of today, we've seen a massive green candle. It's likely that this huge candle will signal the lows and commence the reversal.
In my view, this is a high R/R trade since the stop is quite close and the target is the top of the channel.
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