// $ENA (update) Still consolidating below the 0.25 (range quarter) resistance, looking very good. Two scenarios: > We flip the 0.25 After some more consolidation, and continue to fly higher. This level is often (!) a launchpad into stage 5 of the cycle. If we do break above, the medium time frame probability of continuation up increases, but if we fall back below, it invalidates again; the macro outlook will stay the same. In this case, I'll sit in my current position and let it ride, aiming for the range highs. The other scenario: > We go for a deeper retest of the range lows and have more consolidation first. In this case, I'm hoping to fill my last 2 unfilled bids lower.