A 3.0% stop loss translates to roughly 5‑6x leverage before hitting margin, and EGLD is now testing the upper edge of its 4‑hour bullish channel, showing fresh buying pressure.
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🟢 $EGLD LONG 📈
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📍 Entry Range: $4.3097 – $4.3183
🛑 Stop Loss: $4.1846 (-3.0%)
🎯 TP1: $4.3787 (+1.5%)
🏆 TP2: $4.5297 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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The market structure broke to the upside (CHoCH) and the CVD turned green, confirming demand. A fair‑value gap aligns with an order block, creating a POI where OB and FVG overlap, making the long look tight.
A 3.0% SL is relatively tight, so stay around 5‑6x leverage to keep margin safe.
Take partial profit at the first target around 1.7 R once price hits the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #BigBangThesis #TradingSignals #Write2Earn
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🟢 $EGLD LONG 📈
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $4.3097 – $4.3183
🛑 Stop Loss: $4.1846 (-3.0%)
🎯 TP1: $4.3787 (+1.5%)
🏆 TP2: $4.5297 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
━━━━━━━━━━━━━━━━━━━━━
The market structure broke to the upside (CHoCH) and the CVD turned green, confirming demand. A fair‑value gap aligns with an order block, creating a POI where OB and FVG overlap, making the long look tight.
A 3.0% SL is relatively tight, so stay around 5‑6x leverage to keep margin safe.
Take partial profit at the first target around 1.7 R once price hits the next resistance.
Not financial advice — trade only what you can afford to lose 🙏
$EGLD #EGLDUSDT #BigBangThesis #TradingSignals #Write2Earn