Vertex - rising wedge patternWhat we can see in the chart is a rising wedge pattern. We expect the price to break down from the rising wedge formation.
It may take a little bit more time since the price is still consolidating inside the wedge.
You should enter short position when/if the price breaks down of the wedge with a volume surge.
Do not forget to put a stop loss once you enter the trade.
Stop loss should be placed above the wedge.
