Long if 200ema and ma is closed above, Also, a good time to watch for scalping opportunities either way as a break is coming. Short futures rising again but am watching 41404 range.
Comment:
That dotted orange downslope trend line comes from the Daily chart since the most recent selloff began. The bulls closing above that, even with a quick trap response and then price movements staying above the notorious 200ma was a bullish momentum trigger. After massive moves, price consolidated but stayed in strong ranges.
Comment:
The light white dotted downslope is the next target to have candle closure above.
