Currency $EUL trade notice 💹
Short position: Suggestion
Entry range: 1.4025-1.4244
Stop loss: 1.4504
Targets: 1.3855, 1.3612, 1.3247
Technical analysis: EUL’s price action is really grinding people down with no patience. At 1.4098 it looks like it’s about to fall, but the drop is as slow as squeezing toothpaste—just not letting you have it. The short-term EMA at 1.42 is capping the long-term EMA at 1.43, and the MACD bearish crossover also confirms it. RSI at 37.3 isn’t oversold either. To put it simply, it’s destined for a slow, grinding decline. The downtrend is right there, but it just won’t decisively crash; it insists on wearing you out day by day. Set the stop loss at 1.4504? Sure—anyway I’m too lazy to adjust it. Do what you will. With this chart, if it bounces, it only gives you a chance to escape—don’t expect a reversal. To the brothers thinking about catching the bottom: I respect you, you’re a real man. As for me, I’m lying flat, waiting for it either to break below the previous low or just blow up the stop loss—give it a clear decision. At this level now, chasing a short feels like there’s too little meat, going long feels like you’re being stubborn. Better to rest.
Suggested stop loss: 1.450400, please adjust your position size according to your own risk tolerance
#EUL
Short position: Suggestion
Entry range: 1.4025-1.4244
Stop loss: 1.4504
Targets: 1.3855, 1.3612, 1.3247
Technical analysis: EUL’s price action is really grinding people down with no patience. At 1.4098 it looks like it’s about to fall, but the drop is as slow as squeezing toothpaste—just not letting you have it. The short-term EMA at 1.42 is capping the long-term EMA at 1.43, and the MACD bearish crossover also confirms it. RSI at 37.3 isn’t oversold either. To put it simply, it’s destined for a slow, grinding decline. The downtrend is right there, but it just won’t decisively crash; it insists on wearing you out day by day. Set the stop loss at 1.4504? Sure—anyway I’m too lazy to adjust it. Do what you will. With this chart, if it bounces, it only gives you a chance to escape—don’t expect a reversal. To the brothers thinking about catching the bottom: I respect you, you’re a real man. As for me, I’m lying flat, waiting for it either to break below the previous low or just blow up the stop loss—give it a clear decision. At this level now, chasing a short feels like there’s too little meat, going long feels like you’re being stubborn. Better to rest.
Suggested stop loss: 1.450400, please adjust your position size according to your own risk tolerance
#EUL