EUR has checkered past as a micro cap trying it’s hand at several projects before trying the current Austrian (not Australian) lithium project. I’ve lost count of the many pump&dumps EUR has had over the past few years. You can see them on the weekly chart. This is not an attractive chart for a medium term trader.
Looking at the daily chart, EUR would have come to my attention on the HVBB at (1) which was also a BO bar. The past price history would have turned me off this chart. I’d anticipate another P&D. This happens a few bars later but price doesn’t go below the BO level. By this time the chart is forgotten by me until the HVBB at (2). This is more interesting as price looks likely to go past 0.10. It did but again sells off to go below 0.09. I wouldn’t have been able to hold through that dip. (Result BE or small loss)
EUR appears again in my scans at (3). I did consider a trade here but passed on it due to poor price history.
I’m not disappointed with missing out here.
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