EGLD is testing a tight range around 45.20, eyes on the upside as bullish momentum gathers. A break above 45.40 could trigger a rapid swing.
๐ข $EGLD LONG ๐ โ Trade Plan
โข Entry: $4.2857 โ $4.2943
โข Stop: $4.1613 (-3.0%)
โข Target 1: $4.3543 (+1.5%)
โข Target 2: $4.5045 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
The market structure broke to the downside and flipped back โ a classic CHoCH โ while CVD showed buying pressure confirming the move. A fairโvalue gap aligns with an order block, creating a POI where the OB and FVG overlap, making the long entry feel like a textbook confluence without sounding textbook.
A 3.0% stop loss is relatively tight, so a 5โ6x leverage keeps risk in line with the setup.
Take half profit around the first target near 46.0 before chasing the full 1.7 R/R.
As always: manage your risk, this is not financial advice ๐
$EGLD #EGLDUSDT #SouthAfricaProposesCryptoExchangeControls #TradingSignals #Write2Earn
๐ข $EGLD LONG ๐ โ Trade Plan
โข Entry: $4.2857 โ $4.2943
โข Stop: $4.1613 (-3.0%)
โข Target 1: $4.3543 (+1.5%)
โข Target 2: $4.5045 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
The market structure broke to the downside and flipped back โ a classic CHoCH โ while CVD showed buying pressure confirming the move. A fairโvalue gap aligns with an order block, creating a POI where the OB and FVG overlap, making the long entry feel like a textbook confluence without sounding textbook.
A 3.0% stop loss is relatively tight, so a 5โ6x leverage keeps risk in line with the setup.
Take half profit around the first target near 46.0 before chasing the full 1.7 R/R.
As always: manage your risk, this is not financial advice ๐
$EGLD #EGLDUSDT #SouthAfricaProposesCryptoExchangeControls #TradingSignals #Write2Earn