Long
$ESE base breaks out in falling wedge
see annoations and video.
Wait for break of 20MA IF it happens it will be a nice long
Wait for break of 20MA IF it happens it will be a nice long
Note
*** Also want to add that you should not enter a trade in a down trend. The price has broken out of the down trending pattern so I would also suggest waiting for that higher low to form to show a change of trend direction.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.