$EUL is showing strong bearish momentum after losing the recent support zone. Short-term price action favors further downside.
$EUL - SHORT
Trade Plan:
Entry: 1.79 – 1.83
SL: 1.95
TP1: 1.70
TP2: 1.60
TP3: 1.48
Why this setup?
Price is printing lower highs after a sharp rejection from the 2.50–2.60 resistance area and continues to trend lower. As long as it stays below 1.95, sellers have the advantage and a move toward nearby support levels is likely.
Click below for trade 👇
$EUL
$EUL - SHORT
Trade Plan:
Entry: 1.79 – 1.83
SL: 1.95
TP1: 1.70
TP2: 1.60
TP3: 1.48
Why this setup?
Price is printing lower highs after a sharp rejection from the 2.50–2.60 resistance area and continues to trend lower. As long as it stays below 1.95, sellers have the advantage and a move toward nearby support levels is likely.
Click below for trade 👇
$EUL