ENJ don't miss it!!!
Updated
ENJ has touched the top of the funnel inside which it seems to evolve. The indicator shows an overbought situation.
Entry: buying zone or the bottom of the funnel
Short term TP: 913
In the long run, prices have hit a major support, 529, tested thrice in twelves months (aug-18, nov-18 and aug-19).
Trade the fib levels
Entry: buying zone or the bottom of the funnel
Short term TP: 913
In the long run, prices have hit a major support, 529, tested thrice in twelves months (aug-18, nov-18 and aug-19).
Trade the fib levels
Note
ENJ is actualy ranging prepare to enter at the bottom of the rectangle.entry: 751
SL: 729
TP1: 784
TP2: 839
TP3: 889
Note
Because of the downward acceleration in H4 and the oversold situation in daily, it would be wise to buy to prepare to buy at : 1- 709 (daily kijun sen)
2- 698 (bottom of the H4 range)
3- 665 (bottom of the daily kumo)
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