EN Short Continuation

Last week I mentioned potential on EN and this week I have some more analysis to share with you on this pair.

EN

So price fell from supply as I initially mentioned last week here.

After breaking support on the H4 price came back for a retest before heading lower. The level I was looking at was in last weeks post and played out nicely.

And here's the drop after lower timeframe confirmation.

Now if you've been watching this pair or if you look at your charts now, you'll see that price reversed substantially and rallied strong.

My plan states when to take profits, partial profits and protect the trade by moving stops to break even so this move was not a problem.

This pair still has opportunity so I'll be watching this along with other setups this week.