$ENSO

ENSO

1.189

+2.58%

is offering a clean risk box — if it holds, targets come into view. 🟢

$ENSO - LONG

Trade Plan:

Entry: 1.22318 – 1.24182

SL: 1.17658

TP1: 1.28842

TP2: 1.30705

TP3: 1.34433

Why this setup?

ENSO momentum rebuild setup on 4h, using the 1D as a range-bound-context to prioritize location. Working area: (1.223-1.242) (mid ~ 1.232). ATR 1H: 0.037 (~3.0% of price) → controlled volatility. RSI 15m: 49 → momentum is supportive, not overheated

As long as price respects 1.152 (invalidation), the first objective is 1.288 (~4.5%). RR to TP1 is ~0.70. If momentum extends, 1.344 becomes the stretch target (~9.1%), with RR ~1.40. Any sustained acceptance beyond 1.152 invalidates the thesis.

Debate:

Is 1.288 the magnet, or does ENSO push past into 1.344?

Trade here 👇