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Eg

EG shortThings are looking quite good for an EG short , to list some reasons why... + Multiple Asia sessions need to be filled + Liquidity sitting below lowest Asia session + Price action is weaking near top, all we need is a nice BOS and re-test of the highest void (nice rejection off of that for an entry) Counter idea: This idea could become invalidated because price tested the session high 3 other times so it is weakening the session high, we may just smash through our void and continue on our 15M uptrend. But until then we will have to see what PA does.
Short
by iamharrisonwilliam
2
EG (27/11/2020) breakout symmetrical triangleOn H4 chart, EG has breakout triangle pattern and next TP is around 0.6. The price is currently testing Resistance 0.535 with Support 0.485. A better entry would be at 0.545 after price breakout the resistance zone with TP 0.6, and 0.625 (RRR 1:1.3) EP 0.545 TP 0.6 / 0.625 SL 0.485 (RRR 1:1.3) MACD is crossing on H4 chart, signaling a breakout with RSI @ 65 to indicate momentum. EG is quite a small stock with small balance float (46% of 338M shares) compared to its competitor SCOPE (34% of 769M shares). This adds more speed factor to price action of this stock. TAYOR
MYX:EGLong
by sothye