ENJ is bouncing on the support line. It might be a good idea to enter the enter with a tight stop loss below the support line or buy the breakout of the falling wedge.
Trade active
It is on the trendline! You can buy it with a tight stop unden support!Trade closed: stop reached
ENJ broke the support line and is now free falling under a falling wedge. The pattern is still valid. IF you are using tradingview and you are familiar with drawing trendlines, copy my chart above and put an alert for the break above the trendline and wait for a confirmation.Note
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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.
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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.