ENTA trade ideas
ENANTA LONG FROM THE 200 WEEKLY MOVING AVERAGEThe prices are dancing around the 200 weekly SMA and the level is a Fibonacci retracement of 0,618. I will try a long from this prices with an oscillation of 9-10% for the Stop Loss. If the count is correct we are assisting at the start of wave 5, this means to see the prices over the top of 3.
ENTA: Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to enter into the correction of the downtrend movement.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.