ENS is likely approaching the end of either an ABC correction or a 1-5 wave structure. A minimum 3% retracement can be expected as a reaction. If the wave count is accurate, this could present a relatively straightforward trade opportunity. Watching price action for confirmation will be key! 📉📈
However, do not enter a trade without a confirmed trend breakout! Those who trade without stop-losses are the ones who lose. Risk management is key! ⚠️📉📈
However, do not enter a trade without a confirmed trend breakout! Those who trade without stop-losses are the ones who lose. Risk management is key! ⚠️📉📈
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.