$ENSO — Range Breakout, Structure-Driven Long
Trade Plan (Long):
Entry Zone: $1.4035– $1.4250
Stop Loss: $1.2300
Target: $1.4700
$ENSO has cleanly broken out of a tight consolidation range, signaling a shift in control back to buyers. The push above the ~$1.25 level is key — sell pressure was absorbed there, and price held firm instead of fading back into the range.
As long as price remains above the breakout area, the path toward the $1.47–$1.50 zone stays valid. This is a structure-dependent trade: continuation is expected only if the new support holds.
Any decisive close back below $1.20 invalidates the setup — exit immediately, no hesitation.
ENSO
1.176
+7.69%