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.
Note
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!
❤️ Premium indicator subscription @ Whop includes: Mojo Levels, Manipulation Model, Super Oscillator, VIX Meter, and Volatility Radar
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
❤️ Premium indicator subscription @ Whop includes: Mojo Levels, Manipulation Model, Super Oscillator, VIX Meter, and Volatility Radar
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.