Now, you know what to look for
Hello friends,
As you see, this pattern is a rising wedge.
There are a few indicators that can be used. As you know, in a rising wedge pattern the volume should (may) be decreasing, showing a divergence between price and volume
It's taken me a little time (see attached Idea) to discover whether the pattern is a real pattern or a disguise (Trendlines across 7 points), Now I know it's true. At present, you know what to look for.
A Possible scenario is shown in the chart.
