Enigma in a possible uptrend channel. TP at 1.618 (wave 3)
Enigma is in a good position to buy at the moment.
1) It is possibly in an uptrend channel of wave 3,
2) It will probably be supported by EMA 50 (blue line)
3) Stochastic is at level 20, almost oversold.
4) set your stop loss below EMA50 (blue line)
5) buy, TP at Fib 1.618 or above (you decide)
This is just a simple analysis, take it as a pinch of salt and I will not be held responsible for any losses. It'd be great if you could share your profit though :p
1) It is possibly in an uptrend channel of wave 3,
2) It will probably be supported by EMA 50 (blue line)
3) Stochastic is at level 20, almost oversold.
4) set your stop loss below EMA50 (blue line)
5) buy, TP at Fib 1.618 or above (you decide)
This is just a simple analysis, take it as a pinch of salt and I will not be held responsible for any losses. It'd be great if you could share your profit though :p
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.