EN longer term (bearish?) wedge daily chart
interesting development on EN,...
the longer it continues the higher the profits could be,...
waiting for the break could take a while but since we are leaning on longer term lows i need those to hold
no position yet, bias long
the longer it continues the higher the profits could be,...
waiting for the break could take a while but since we are leaning on longer term lows i need those to hold
no position yet, bias long
Note
started a small long on EN at 1.49346, looking to build positions on thatvery close attention to this as there could still be a spike down to the bottom of the wedge
Note
was stopped out for 60 pips on that small position,....... now waiting for the bottom of the wedge to be hit,... best of all is to await the referendum on italyNote
the bottomof the wedge has been reached and a bounce occured so far,...building longs again 1.49095 ...... not the best of entries but relative to the upside potential here very promissing
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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.