$EUL moved after absorbing selling pressure earlier in the range. Price dipped into lower levels, cleared liquidity, and then reversed sharply — a sign that sellers were exhausted and the market refused lower prices.
Market read
I’m seeing a clear sell-side liquidity sweep near the $0.93 – $0.95 zone, followed by a strong impulsive move. Structure has shifted bullish, and price is now holding above reclaimed short-term levels. As long as EUL stays above the recent higher low, the bias remains for continuation.
Entry point
Looking around $1.08 – $1.11
This zone sits above demand and offers a clean risk-to-reward setup.
Target points
TP1: $1.18
TP2: $1.28
TP3: $1.42
These targets align with prior rejection zones and liquidity resting above.
Stop loss
$0.99
If price trades below this level, the setup fails — no hesitation.
How it’s possible
Liquidity was swept, strong rejection followed, and price reclaimed the intraday range. That’s usually where momentum shifts in favor of buyers.
Calm mindset. Patient execution. Following structure, not emotion.
Let’s see how it plays out.
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