ENB is going up on strong healthy volume broke above trendline and retested, now acting as support also note that a bull flag created with 50% retracement longterm can also look like a inverse H&S but not clasic good risk-reward on this trade
This long and sustained descending channel has attracted us and it looks breakout is in a clear play here. It depends on how you measure the descending channel in order to measure the expected price move above the primary descending trend line by using the duration of the channel, and the width of the channel. Here we have a measured move of 34% from yesterday's...