EG completed a powerful sell off to a major support level and is showing an extremely bullish move on the 4H chart with an engulfing candle at the support level. Keeping an eye out for a trend break into buyers territory on the higher timeframes. Trendline broken on the 1H timeframe, watching for a retest and rejection of the trend line into buyers territory .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.