ENG is doing well as it has maintained this trend for well over a week.
Indicators suggest it needs a pull back with a Bear Div showing on the 12Hr RSI
- It may break trend to consolidate for a little bit before pushing up again.
I have done a Fib Extension with a chance of a 1:1 target of 12K which would be a nice earner.
- I have ignored the massive wick down as it has had no impact on the indicators, or trend, etc.
First Target to break is 9300. If we have a strong close above there, we would have a good platform to push up.
Indicators suggest it needs a pull back with a Bear Div showing on the 12Hr RSI
- It may break trend to consolidate for a little bit before pushing up again.
I have done a Fib Extension with a chance of a 1:1 target of 12K which would be a nice earner.
- I have ignored the massive wick down as it has had no impact on the indicators, or trend, etc.
First Target to break is 9300. If we have a strong close above there, we would have a good platform to push up.