ESRT - ended bearish triangle - new lows ahead ?
ESRT just seems to have finished a bearish triangle pattern that may have completed minor wave 4. To a more probable confirmation wait the REIT to cross the upper line of the triangle before shorting or exiting the position.
Trade closed: target reached
After the post, prices collapse 20% up to April 24. The trend continues down.
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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.