๐Ÿ”ด $EUL | R4 resistance under test!

๐Ÿ’ฐ Price: 1.230
๐Ÿ“ R4: 1.231
๐Ÿ“‰ 5M: -1.29%

๐Ÿ”ด Recommendation: SHORT with caution after the rejection from R4 is confirmed.

๐ŸŽฏ TP1: 1.215
๐ŸŽฏ TP2: 1.200
๐ŸŽฏ TP3: 1.180
๐Ÿ›‘ SL: 1.250

๐Ÿ“‰ The price is very close to R4 with a clear pullback on the 5-minute timeframe, which gives an initial edge to the SHORT.

๐Ÿ”ฅ Confirm the short: break 1.215 with continued selling pressure.
๐ŸŸข A break of 1.250 and holding above it cancels the downside scenario.

โš ๏ธ Donโ€™t enter just by touching R4; wait for a clear rejection candle.

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