Falling Wedge FormingPrice is trading within a falling wedge pattern which has a 5 wave structure as illustrated. We can also see RSI divergence which may signal exhaustion of bears. We might see a correction wave to the triangle highs. Price might also find support/false break at the 100ema like it did back on April 17. A candlestick formation is vital to attempt a long position. Don't jump in front of the speeding train.
