💡 Trade Idea
📈 ENJ/USDT | Buy Limit @ 1.2792
🎯 Target Profit 1.4210
🛑 Stop Loss 1.2212
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
The price was in a clear upward movement where it posted a lower correction to the 1.2792 mark. We have a confluence zone between this support and the 61.8% Fibonacci retracement which...
- ENJUSDT got rejected off the ascending channel resistance.
- The market then retraced for a retest of the ascending channel support and 0.618 fibonacci retracement level.
- The retracement is resisted by the descending trendline resistance.
- There's an uptrend continuation possibility.
BUY ENTRY ⬆️
- Breakout above the descending trendline...