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.
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.
The light white dotted downslope is the next target to have candle closure above.