Current Situation:
Trend: ENJ is slowly grinding up, having broken and retested a local resistance level, flipping it into support.
Momentum: ENJ has picked up momentum and is heading towards the next resistance.
Trade Strategy:
Entry Point: Enter a long trade above $0.3240 and $0.3376.
Take Profit Targets:
First Target: $0.4470
Second Target: $0.5070
Third Target: $0.6826
Stop Loss: Set just below $0.2999 to manage risk.
Summary:
ENJ has established a clear uptrend by breaking and retesting a local resistance level, which has now turned into support. Entering a long trade above $0.3240 and $0.3376 positions you well for potential gains, with profit targets at $0.4470, $0.5070, and $0.6826. A stop loss set just below $0.2999 helps to minimize downside risk.
Trend: ENJ is slowly grinding up, having broken and retested a local resistance level, flipping it into support.
Momentum: ENJ has picked up momentum and is heading towards the next resistance.
Trade Strategy:
Entry Point: Enter a long trade above $0.3240 and $0.3376.
Take Profit Targets:
First Target: $0.4470
Second Target: $0.5070
Third Target: $0.6826
Stop Loss: Set just below $0.2999 to manage risk.
Summary:
ENJ has established a clear uptrend by breaking and retesting a local resistance level, which has now turned into support. Entering a long trade above $0.3240 and $0.3376 positions you well for potential gains, with profit targets at $0.4470, $0.5070, and $0.6826. A stop loss set just below $0.2999 helps to minimize downside risk.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.