ENJ/BTC SOT Chart off - March Week 4

Updated

I think ENJ will take a run up as it has just broken over a 4 hour downtrend and gone into accumulation. I expect it might take a run up to break over the daily wedge.

Entry - 4230
1st Target - 4679
2nd Target - 4767
3rd Target - 4760
4th Target - 4950
Stop Loss - 4050

** Legend**
Monthly - Grey
Weekly - Yellow
Daily - Red
4 Hour - Green
1 Hour - Blue

Comment

Longer accumulation is forming. going to watch if it can come down and bounce off the 4hr level at 4150

Comment

Dropped down to touch the bottom of the wedge. Will keep a close eye on if it try's break downwards out of it.

Trade closed: stop reached

Stop loss reached -4%

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