$ENSO

ENSO

1.93

+1.84%

just went from sleepy to “everyone’s watching” in two candles.

Daily flipped after that base around 1.10 to 1.20, then we got the vertical expansion straight into 1.90 with a wick up near 2.20. That’s usually where late FOMO gets punished, even if the trend stays bullish.

My play here is simple. I’m not chasing the top of a breakout candle. If ENSO holds above 1.70 on a pullback, I’m interested. If it reclaims 2.00 clean with acceptance, I’ll look for continuation. If it loses 1.70, I’m out and waiting.

Lesson I keep repeating to myself: big green candles are for managing risk, not for starting a fresh position.

Are you waiting for a retest of 1.70, or trying to ride the momentum through 2.00?