🚨Everyone's watching the ENA pump - I'm keeping an eye on the RSI indicator at 44, it's dropping.
$ENA - Short
Trading Plan:
🏃♂️Entry: 0.080242 – 0.080632
⛔️Stop Loss: 0.082309
🥇Profit Target 1: 0.079033
🥈Profit Target 2: 0.078097
🥉Profit Target 3: 0.076693
🔹Why these setups?
• The structure on the 4-hour timeframe is already bearish with confirmation of the daily trend downward.
• RSI on the 15-minute timeframe is at 44.46 - no bounces, just a dead cat waiting.
• Entering at 0.080437 with a tight stop loss at 0.082309 means the risk is defined, and the reward is 3:1 towards Profit Target 3.
• Why now? The price is "armed" below the 1-hour reference, and ATR is low - a breakout is imminent.
Don't sleep on $FIL
$ENA - Short
Trading Plan:
🏃♂️Entry: 0.080242 – 0.080632
⛔️Stop Loss: 0.082309
🥇Profit Target 1: 0.079033
🥈Profit Target 2: 0.078097
🥉Profit Target 3: 0.076693
🔹Why these setups?
• The structure on the 4-hour timeframe is already bearish with confirmation of the daily trend downward.
• RSI on the 15-minute timeframe is at 44.46 - no bounces, just a dead cat waiting.
• Entering at 0.080437 with a tight stop loss at 0.082309 means the risk is defined, and the reward is 3:1 towards Profit Target 3.
• Why now? The price is "armed" below the 1-hour reference, and ATR is low - a breakout is imminent.
Don't sleep on $FIL