$ENJ LONG 🟢
breaking out of a months-long downtrend, first real sign it might be turning 📈
Trade Setup:
ENTRY: $0.03700 – $0.03928
TP: $0.04004 | $0.04200 | $0.04400
SL: $0.03400
this is the daily chart, so that drop from 0.056 down to 0.0231 took months to happen, not days. and today's candle is the first time it's actually broken back above those short-term lines since then.
book's pretty much even, 53/47, nothing strong either way but not against it.
below 0.034 and i'd say this was just a fake-out, the downtrend's still in charge.
NFA.
#ENJUSD #Layer1 #ReversalWatch
breaking out of a months-long downtrend, first real sign it might be turning 📈
Trade Setup:
ENTRY: $0.03700 – $0.03928
TP: $0.04004 | $0.04200 | $0.04400
SL: $0.03400
this is the daily chart, so that drop from 0.056 down to 0.0231 took months to happen, not days. and today's candle is the first time it's actually broken back above those short-term lines since then.
book's pretty much even, 53/47, nothing strong either way but not against it.
below 0.034 and i'd say this was just a fake-out, the downtrend's still in charge.
NFA.
#ENJUSD #Layer1 #ReversalWatch
