ENSUSDT short

Eyeing up a potential short entry on ENSUSDT. Breaking below flag. Monthly pivot point providing nice resistance level to invalidate trade idea. Ideally entry would be flag/wedge retest in the 13.5-13.75 zone. TP target around 10.5 for nice 1:1.5 risk to reward. It's a big move, so use leverage cautiously!

Trade active:

Fib entry off retest of wedge was spot on. I was a little low/eager to get in early with my high/low levels. But the trade looks good. It's time to see if the idea plays out or not. I have my risk set and will let the cards fall.

Comment:

More than 50% of the way to my TP. Time to protect some capital with a breakeven (if not lock in some profits). This trade is FIRE!