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🔥 $ENA UPDATE 🚀
☘️ Pattern: Falling Wedge (Bullish)
🚀Resolution: Bullish
2nd Signal: MACD -- Bullish
3rd Signal: Morning Star (Candle Pattern -- Formed in the 5min scale), Bullish
Expected top: $1.260 (~10% increase)
Close position if: Below $1.038
🕜 Time Limit: 30 minutes after this has been posted. If you're seeing this post too late, it doesn't apply anymore.
⚖️ Trading Tip: If you intend to stay a long time in a trade, move your OCO up as the price goes in a favorable direction.
Example (Entry= 1.100): OCO¹: 1.040-1.220 (2:1)
Price went up to 1.140: OCO²: 1.080- 1.260 (2:1)
Reasoning: Eventually the trade will become neutral (either you lose nothing, or you win), and then positive (either you win a bit, or a lot)
Never move your OCO against you (that is, never move your OCO towards an unfavorable direction)