Thesis:
ENJ took 28 days to created a higher low from 0.9181 to 0.9953.
Base on Fibonacci Retracement we just passed 0.382 (1.4021) and may go up to 0.5 (1.7140) or 0.618 (2.095) however possible resistance spotted at 1.65 which resisted last June 4, 2021 and March 11, 2021.
By Structural Design on the daily time frame, we should go up 1.65 to 1.71 before having a major pullback.
If we will have a minor pullback then expect the price to land around 1.28 to 1.34 area for it to continue it's healthy DNA.
My expectation is that we will have another pullback if we close below 1.40 by August 1, 2021 | 8AM PH Time zone
If not the expect it to either do sideways or aggressively increase towards the target.
ENJ took 28 days to created a higher low from 0.9181 to 0.9953.
Base on Fibonacci Retracement we just passed 0.382 (1.4021) and may go up to 0.5 (1.7140) or 0.618 (2.095) however possible resistance spotted at 1.65 which resisted last June 4, 2021 and March 11, 2021.
By Structural Design on the daily time frame, we should go up 1.65 to 1.71 before having a major pullback.
If we will have a minor pullback then expect the price to land around 1.28 to 1.34 area for it to continue it's healthy DNA.
My expectation is that we will have another pullback if we close below 1.40 by August 1, 2021 | 8AM PH Time zone
If not the expect it to either do sideways or aggressively increase towards the target.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。