A Rising Wedge is a bearish pattern formed when the market begins making higher highs and higher lows. All of the highs must be in-line so that they can be connected by a trend line. This chart pattern has a wide trading range at the bottom and contracts to a smaller trading range as prices trend up. The rising wedge pattern signals a possible selling opportunity either after an uptrend or during an existing downtrend. The entry (sell order) is placed either when the price breaks below the bottom side of the wedge or the price finds resistance at the lower trend line.
breakout 21000 18500 Available soon -------------------------------- possible wave 5 to be countinue 16000-14000 -------------------------------- in the end check " DXY "
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