$ENA 0.19 short capitulation long bull takeoff
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--Bullish
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Can this week close with a weekly bullish engulfing pattern?!
Trends don’t easily form; once they form, they’re not easily changed. $ENA
Don’t short, don’t short, don’t short
分享看好原因
Share the reasons you liked it from the first article, along with the weekly-level backtest buy points. If you’re lucky, you also get a stretch of profit. Conservative traders reduce positions to protect capital; gamblers roll over and go all in hard.
From a high-volume breakout lift around 0.082, then into consolidation and a volume contraction pullback test—overall, it’s a very healthy bullish trend.
Now it’s near the previous high of the consolidation range. If this week can close with a bullish engulfing pattern, it would also mean breaking above the consolidation range’s high. So this week’s candlestick close is crucial. If it doesn’t close above, then we’ll reconsider; if/when the pullback backtests to where, that’s when you consider adding.
Don’t short, don’t short, don’t short
分享看好原因
Share the reasons you liked it from the first article, along with the weekly-level backtest buy points. If you’re lucky, you also get a stretch of profit. Conservative traders reduce positions to protect capital; gamblers roll over and go all in hard.
From a high-volume breakout lift around 0.082, then into consolidation and a volume contraction pullback test—overall, it’s a very healthy bullish trend.
Now it’s near the previous high of the consolidation range. If this week can close with a bullish engulfing pattern, it would also mean breaking above the consolidation range’s high. So this week’s candlestick close is crucial. If it doesn’t close above, then we’ll reconsider; if/when the pullback backtests to where, that’s when you consider adding.