Description
⋅ ENJ/BTC
Strategy: Highly oversold. Large probability of an upside break - bull flag formation.
Wait for the dip to fill buy orders. Place stop loss after orders are filled. Set alerts at take profit points.
Be careful where you set your purchase order. There is a 7% spread in the buying range.
Buy Around - 3046 - 3283
T1 - 3717 (17.5%)
T2 - 4171 (32%)
T3 - 4604 (45.5%)
Stop-Loss - 2929 (7%)
Risk / Reward
T1 - 1 / 2.3
T2 - 1 / 4.3
T3 - 1 / 6
P/L Opportunity
Upside: 17.5% - 45.5%
Downside 7%