Continuing with our bearish trend, EN has entered into our key FIB area, as well as hitting the back side of our previous trend line which looks very precise. Also at the same price point as the 786 FIB is a key support that was broken previously before the big drop so it is another piece of confluence to add to this trade.
Note
+200 Pips BaggedDisclaimer
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.
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.