After securing a handsome profit on $BANK , I'm shifting my focus to another strong opportunity — $EUL .
If you've been following closely, you'll know that EUL exploded from around $1.00 to $1.80 in a powerful breakout rally.
After that move, it printed a healthy pullback, shaking out late buyers and liquidating the breakout chasers. That's exactly what strong trends often do before continuing higher.
Now I'm seeing a bearish trap forming. Early short sellers are stepping in, but I believe th...
$MACRO Here's is what is in the stores for the upcoming week.
We got, FOMC, GDP, PCE, CCI and Durable goods orders.
Then on the emission side, we go unlocks for Humanit, XPL and UDS.
Interesting week ahead.
$EUL on the 1h chart after that strong move.
The structure suggests a pullback may come before any further upside. Price could drift toward the 1.43 to 1.36 zone,
which lines up with a nearby fair value gap and a potential demand area.
If price reaches that region, watching for bullish rejection signals (pin bar, engulfing candle, or lower timeframe structure break) could be useful. A bounce from there would put the recent
1.80 high as a first target, with a possible push toward 2.00 if mome...