EN longer term (bearish?) wedge daily chart

interesting development on EN,...
the longer it continues the higher the profits could be,...
waiting for the break could take a while but since we are leaning on longer term lows i need those to hold
no position yet, bias long

Comment:

started a small long on EN at 1.49346, looking to build positions on that
very close attention to this as there could still be a spike down to the bottom of the wedge

Comment:

was stopped out for 60 pips on that small position,....... now waiting for the bottom of the wedge to be hit,... best of all is to await the referendum on italy

Comment:

the bottomof the wedge has been reached and a bounce occured so far,...building longs again 1.49095 ...... not the best of entries but relative to the upside potential here very promissing