$ENA After ENA closes the position, plan first and then act. Even if it restarts to the target price again, the current profit/loss ratio and stop-loss are hard to gauge. Better to wait for a pullback after the adjustment and then go in.
Besides judging the weakening based on naked candlesticks, this rally hasn’t broken below the 20ma of the past hour. Now there is an effective breakdown, which indicates that the momentum has changed. Waiting and observing before exiting/acting is the more ideal choice.
It’s already exited—when can you consider entering again?
Most ideal to observe around 0.1685, but it takes time for the candlesticks to form more structure and clarity in the thought process. In the past, I always hoped I had a position on hand, but now I understand the importance of only acting at key levels. Wishing everyone the best.
