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Eg

short EG, take 3 :) long termsee chart for details, but I see a break and retest of a monthly trendline (in red), as well as a weekly trendline (in blue). also, the resent swing high by EG touches the 0.618 retracement of the prior major move down. My ultimate target could therefore be at 0.63981, the 1.618 extension level of most recent move.
Short
by mcpeacocks
22
Short EG at resistanceafter being stopped out on the previous set-up, it seems EG is now hitting some resistance. on larger timeframes it still is in a downtrend and In combination with the risigin wedge on the 1-2hr chart and it being signifcantly oversold for a period of time, I will go short as soon as the wedge is broken. target retracements of the last major swing up. comments appreciated. GL
Short
by mcpeacocks
short EGtesting monthly resistance levels bounced off with clear bearish engulfing candle on daily chart next monthly resisttance at 0.6547 area is my TP. Stop goes abouve the monthly resistance band. GL
Short
by mcpeacocks
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