MongoDB short setup on right angle desc. broadening wedgeApparently, this is a bullish pattern and breaks up 63% of the time per Bulkowski.
Measured the time and price % change from peak to trough ping pongs in this wedge, price is inherently unstable and is accelerating between ranges.
Wedge resistance is $180.
* 115 days to drop 39%
* 142 days to rise 62% back to wedge resistance
* 26 days to drop 48.5% to wedge support
* 52 days to rise 91% to wedge resistance $180