Rising wedge pattern forming.
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows
Also the price is struggling to break the 200EMA
We will see a pull back before it decides to push its price higher.
The Rising Wedge is a bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows
Also the price is struggling to break the 200EMA
We will see a pull back before it decides to push its price higher.