All in place: - at least two reaction highs to form the upper resistance line, ideally three, each reaction high should be higher than the previous high - at least two reaction lows are required to form the lower support line, each reaction low should be higher than the previous low - ideally, volume will decline as prices rise and the wedge evolves
REMEMBER - always wait for confirmation.
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Drop is coming
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Descending triangle found after wedge broke downward Another sign of down-trend