The price has hit the trend line formed by the previous swings and while hitting the trend line, it forms a rising wedge pattern, which indicates a bearish continuation pattern
Pros:
-Hit the Trend Line, which acts as a resistance
-Forming a rising wedge pattern
-Shooting Star Candlestick pattern
Cons:
-Daily Trend is still Bullish
Pros:
-Hit the Trend Line, which acts as a resistance
-Forming a rising wedge pattern
-Shooting Star Candlestick pattern
Cons:
-Daily Trend is still Bullish