I can notice that the ENA is moving in a contracting triangle which generally occurs in wave 4 in the five wave impulse pattern.
I expect the price goes to 0.3823 or higher (truncated triangle).
The target would be 0.4181 when wave 5 = wave 1
or
the target would be 0.4124 which is the triangle height.
It may goes also higher than that or it may not,
Stop loss may be 0.3763 which is the end of wave C in the triangle.
As I always say, use your protective stop and manage your wallet risk
Good Luck
:)
I expect the price goes to 0.3823 or higher (truncated triangle).
The target would be 0.4181 when wave 5 = wave 1
or
the target would be 0.4124 which is the triangle height.
It may goes also higher than that or it may not,
Stop loss may be 0.3763 which is the end of wave C in the triangle.
As I always say, use your protective stop and manage your wallet risk
Good Luck
:)
İşlem aktif
it is ok to trade the breakout, the wave e is expected to be truncated.use your stop loss under wave e 0.3853
good luck
İşlem elle kapatılmış
protective stop hit with profit.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.