Short sellers of the $ERA currency are heading straight into a liquidation trap amid this recovery rally.
Price has rebounded sharply from local support, forming clean higher lows as trading volume expands[span_3](start_span)[span_3](end_span). I'm opening a long position on $ERA now to ride this momentum toward new highs[span_4](start_span)[span_4](end_span).
Trade parameters:
• Entry: 0.0880 - 0.0910
• First target: 0.0960
• Second target: 0.1030
• Third target: 0.1120
• Stop-loss: 0.0820
Hesitation during a structural breakout is why retail traders always end up buying late.
Price has rebounded sharply from local support, forming clean higher lows as trading volume expands[span_3](start_span)[span_3](end_span). I'm opening a long position on $ERA now to ride this momentum toward new highs[span_4](start_span)[span_4](end_span).
Trade parameters:
• Entry: 0.0880 - 0.0910
• First target: 0.0960
• Second target: 0.1030
• Third target: 0.1120
• Stop-loss: 0.0820
Hesitation during a structural breakout is why retail traders always end up buying late.