EGLD has broken the falling wedge pattern in the 4H timeframe. Right now it's retesting previous resistance to find support. if this falling wedge pattern plays out, the target would be the top of the wedge which is approximately at 530. I think it's likely going up because the falling wedge is a bullish pattern and also in the 1H timeframe it's forming Bullish Divergence. if you want to trade you can wait to cross the previous high for extra confirmation and then you can enter a long position. we have good support levels around 342 and 335.
