Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
What's next on ENJ.
Price is still around a strong support zone, where we are interested in new buy setups.
Meanwhile, we need some confirmation for the bulls to take over again!
And for the bulls to take over from a medium-term perspective we need a break above the first neckline which is a major swing high, then a movement higher would be expected to the next upper neckline.
Then we need a break above the upper neckline for a full bullish reversal.
Until that price is still around a strong support zone, where we will be looking for new bullish movement from a short-term perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
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