ENA ANALYSIS (4H)
Updated
It looks like we have a large diametric that we are now in wave E of.
Keeping the red range is expected to complete wave E.
It can also complete the F wave by maintaining the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Keeping the red range is expected to complete wave E.
It can also complete the F wave by maintaining the green range.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active
After hitting the red zone, it dropped more than 24%.
Our view on ENA was correct. We need confirmation and trigger for the buy/long position because the momentum of the fall has been high
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