EN is going to Infinity and Beyond

٥ مايو ٢٠٢٠

EN has been in a consolidation box since 2011, (when i started high school) it broke out of that box at the beginning of March and is currently retesting it, we have seen a failed attempt to re-enter the box(4/28 17:00- 4/30 13:00 UTC -4) which acts as a spring based off our wycoff principles. The aforementioned fakeout to the downside acts as the beginning of a potential bullish channel. The fib is currently rejecting the 61.8% zone off of the last bullish impulse. At the very least I would expect in to retest the top of our H4 consolidation. SL may be a little tight and I won't be trading with one.