๐ Update of $EUL
๐ Structure: 15M frame in a sharp uptrend, but the price is currently hitting strong resistance at 1.3200, with clear reversal candles appearing. The 4H frame is heavily inflated (RSI 89). Because weโre looking for safety, entering from the current top is risky; we will wait for a quick corrective pullback for entry, followed by a rebound toward the major targets.
โก๏ธ Entry zone: 1.2580 - 1.2700
๐ Targets:
๐ฏ Target 1: 1.3900
๐ฏ Target 2: 1.4500
๐ฏ Target 3: 1.5000 ๐
โ ๏ธ Stop loss: a 4-hour candle close below 1.1700
#US10YearTreasuryYieldNears5% #US2YearYieldRisesTo4.61% $ONG $TUT
๐ Structure: 15M frame in a sharp uptrend, but the price is currently hitting strong resistance at 1.3200, with clear reversal candles appearing. The 4H frame is heavily inflated (RSI 89). Because weโre looking for safety, entering from the current top is risky; we will wait for a quick corrective pullback for entry, followed by a rebound toward the major targets.
โก๏ธ Entry zone: 1.2580 - 1.2700
๐ Targets:
๐ฏ Target 1: 1.3900
๐ฏ Target 2: 1.4500
๐ฏ Target 3: 1.5000 ๐
โ ๏ธ Stop loss: a 4-hour candle close below 1.1700
#US10YearTreasuryYieldNears5% #US2YearYieldRisesTo4.61% $ONG $TUT