Head and Shoulders, 4h bullish
Enjin Coin Perpetual Futures FTX:ENJPERP
First long then short.
Enj formed a 4H Head and Shoulders pattern. Volume decline on right shoulder confirmed.
Only thing missing is the neckline retest.
Will we get it? Weekly about to bullish swing failure. Would be a great time to squeeze every single short. Bear vibe at Peak in this political environment.
We broke 4h structure bullish and cleared all stop losses below the obvious lows. Now a good time to turbo reverse.
To play out, the weekly low has to be in -> SL below.
