Very clear and straight forward pattern.
Price at the resistance of a large channel,
coincides with the rising wedge (bearish) that is being formed!
Seems like there is a bearish flag pattern forming within the bigger wedge pattern.
This is serving as a double confirmation for a move to the downside soon.
Price at the resistance of a large channel,
coincides with the rising wedge (bearish) that is being formed!
Seems like there is a bearish flag pattern forming within the bigger wedge pattern.
This is serving as a double confirmation for a move to the downside soon.