๐ LONG
$ESP ๐ฐ Entry: 0.09439
๐ก Stop-loss: 0.09212 (โ2.4%)
๐ฏ Take-profit: 0.09730 โ 0.09886
๐ A bullish engulfing candle just swallowed the prior red candle right on the EMA20 โ the pullback low is locked, buyers took control.
โข EMA stack is clean with a 7.5% trend spread โ trend structure favors continuation, not chop
โข Pullback is textbook: price tagged EMA20 within 1% before the reversal candle fired
โข Engulfing body printed at 0.41 ATR โ a real range, not noise at support
โข RSI at 58 leaves room to run, while OBI at 0.15 shows buyers leaning on the book
โข 4H, daily, and Elliott wave counts all align โ higher timeframes back the long, with favorable R:R
โญ Score 69/100 โ
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Long on strength: scale in on a candle close holding above EMA20, tight stop under the fresh swing low.
๐ฌ Long
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