$EGLD Showing strong recovery ... Bulls are coming back
Trade Setup
Entry: $4.90 - $5.35
TP1: $7.00
TP2: $8.50
TP3: $10.00
SL: Below $4.50
Price recovered strongly from the $2.40 bottom and now trading around $5.19
$4.90 - $5.35 is an important accumulation zone
As long as this zone holds, EGLD looks Bullish for another upside move
A strong continuation can push price towards $7 and eventually $10
$10 remains the major target if momentum continues
Nothing bad till accumulation zone holds
Must use stop loss while trading
Trade on $EGLD
Trade Setup
Entry: $4.90 - $5.35
TP1: $7.00
TP2: $8.50
TP3: $10.00
SL: Below $4.50
Price recovered strongly from the $2.40 bottom and now trading around $5.19
$4.90 - $5.35 is an important accumulation zone
As long as this zone holds, EGLD looks Bullish for another upside move
A strong continuation can push price towards $7 and eventually $10
$10 remains the major target if momentum continues
Nothing bad till accumulation zone holds
Must use stop loss while trading
Trade on $EGLD
