RISING WEDGE?!🐻
“The pattern appears as an upward-sloping price chart featuring two converging trendlines.
It is usually accompanied by decreasing trading volume. Wedges can either form in the rising or falling direction.
A rising wedge is often considered a bearish chart pattern that indicates a potential breakout to the downside”
According to that, can you spot the bearish rising wedge on a 4H chart???🤫
Moreover, the volume is also decreasing🤔
I believe we can go a bit lower soon, for some re- accumulation and continuation of uptrend 😎
What do you guys think??? Tell me in the comments below 👇🏻
