💡Don't miss the great buy opportunity in EGLDUSD @ElrondNetworkTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (161.95).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EGLDUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 43.
Take Profits:
TP1= @ 175.10
TP2= @ 204.85
TP3= @ 244.50
TP4= @ 283.75
TP5= @ 373.20
SL= Break b
Long