๐ด $ENA โ SHORT
๐ Entry 0.19689
๐ Stop 0.20152 (-2.35%)
๐ฏ TP1 0.190119 (+3.44%)
๐ฏ TP2 0.178738 (+9.22%)
๐ฏ TP3 0.167356 (+15.00%)
โ๏ธ R:R 3.2 ยท continuation
๐ง The formation of lower highs and lower lows on the 4H confirms the SHORT entry, although the overall structure on the 1D remains bullish. TP1 is placed ahead of a support zone that has been tested twice on the 4H, providing sufficient reward relative to the risk of the structural stop, before execution costs. Successive hourly closes below declining EMAs provide a trigger for the move to continue, albeit on low volume.
๐ 1D / 4H / 1H charts attached.
#ena #crypto #signals
๐ Entry 0.19689
๐ Stop 0.20152 (-2.35%)
๐ฏ TP1 0.190119 (+3.44%)
๐ฏ TP2 0.178738 (+9.22%)
๐ฏ TP3 0.167356 (+15.00%)
โ๏ธ R:R 3.2 ยท continuation
๐ง The formation of lower highs and lower lows on the 4H confirms the SHORT entry, although the overall structure on the 1D remains bullish. TP1 is placed ahead of a support zone that has been tested twice on the 4H, providing sufficient reward relative to the risk of the structural stop, before execution costs. Successive hourly closes below declining EMAs provide a trigger for the move to continue, albeit on low volume.
๐ 1D / 4H / 1H charts attached.
#ena #crypto #signals