Technical analysis by ejb88 about Symbol EGLD: Buy recommendation (11/6/2022)

EGLD/Tether 4hr EGLD/Tether 4hr has hit a daily level and given a strong reaction to the down side and made a Break of Structure ( in yellow ). Expecting price to come down and take out all liquidity on the trendline ( in pink ) to the area of ( 55.58 - 55.74 ) which was the last strong 4hr demand zone where i'll be waiting for price to slow down meet my trading plan criteria to take a trade back into 60.41 - 61.51