😺 $EUL looks weak here, and I'm watching the downside liquidity.
The crowd is trying to catch every bounce.
I'm focused on where the liquidity sits.
Right now, the largest liquidity cluster is around $1.40, and price is still trading above that level.
Unless buyers reclaim higher resistance, I think there's a good chance the market hunts that liquidity first.
Trade Setup
📉 Short: $EUL
Entry: $1.62 - $1.66
Take Profit: $1.50 / $1.45 / $1.40
Stop Loss: $1.82
The trend is still favoring the downside, and I'm targeting the liquidity resting at support.
Manage your risk and let the market confirm the move. 🎯
The crowd is trying to catch every bounce.
I'm focused on where the liquidity sits.
Right now, the largest liquidity cluster is around $1.40, and price is still trading above that level.
Unless buyers reclaim higher resistance, I think there's a good chance the market hunts that liquidity first.
Trade Setup
📉 Short: $EUL
Entry: $1.62 - $1.66
Take Profit: $1.50 / $1.45 / $1.40
Stop Loss: $1.82
The trend is still favoring the downside, and I'm targeting the liquidity resting at support.
Manage your risk and let the market confirm the move. 🎯
