EUL Recovery Structure Strengthening – Higher Lows Signal Continuation
LONG: $EUL
Entry: 1.155 – 1.190
Stop-Loss: 1.115
TP1: 1.225
TP2: 1.256
TP3: 1.296
EUL has staged a powerful rebound from the 0.773 bottom and is now consolidating on the H4 timeframe above key moving averages. The market structure remains constructive, with consistent higher lows indicating sustained demand rather than a short-lived reaction.
Buying pressure is gradually increasing, while RSI maintains bullish positioning, confirming that momentum aligns with the recovery narrative. Price is compressing above dynamic support, a behavior that often precedes continuation rather than breakdown.
As long as 1.115 holds as the invalidation level, the structure remains biased toward further upside expansion into the projected targets.
Start the trade here 👇
