EGLD is testing a robust bearish swing, pulling back under the 0.92 zone after a sharp rally.
🔴 $EGLD SHORT 📉
Entry $4.4645-$4.4735 | SL $4.6031 (-3.0%) | TP1 $4.4020 (+1.5%) | TP2 $4.2455 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke a higher low, confirming a change of character, while the cumulative volume delta is diving, supporting the downside. A fresh fair value gap sits right above the order block, creating a POI where the OB overlaps the FVG, all lining up for a short entry.
A 3.0% stop is relatively tight on this timeframe, so a moderate 3‑to‑5× leverage keeps risk in check.
Consider taking half profit at the first target as it aligns with the next swing low.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #CPIWatch #TradingSignals #Write2Earn
🔴 $EGLD SHORT 📉
Entry $4.4645-$4.4735 | SL $4.6031 (-3.0%) | TP1 $4.4020 (+1.5%) | TP2 $4.2455 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke a higher low, confirming a change of character, while the cumulative volume delta is diving, supporting the downside. A fresh fair value gap sits right above the order block, creating a POI where the OB overlaps the FVG, all lining up for a short entry.
A 3.0% stop is relatively tight on this timeframe, so a moderate 3‑to‑5× leverage keeps risk in check.
Consider taking half profit at the first target as it aligns with the next swing low.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #CPIWatch #TradingSignals #Write2Earn