ENJ has been evolving in a downtrend materialized by a descending channel since March 9. The wedge broke out on June 2 and ENJ is now in an accumulation phase.
Buy : current price
T1 : 2150
T2 : 2803 ( 23.6% Fib )
T3 : 3492 ( 38.2% Fib )
Stop : < 1650
You may sell 33% of your position at each target and move your stop loss to breakeven once T1 is reached
Buy : current price
T1 : 2150
T2 : 2803 ( 23.6% Fib )
T3 : 3492 ( 38.2% Fib )
Stop : < 1650
You may sell 33% of your position at each target and move your stop loss to breakeven once T1 is reached
Comment:
First target reached, take a part of your profit !
Comment:
Made a mistake guys, target 1 not yet reached but already an increase of almost 5% !! Don't hesitate to take a part of your profit and let the rest reach higher targets !
Trade closed: stop reached