Falling Wedge in yellow
A Falling Wedge is a bullish continuation pattern and in this case is at the bottom of a larger ascending channel
Once price touches this lower channel band again and forms a double bottom the falling wedge will come into effect and push price back up further into the ascending channel
A Falling Wedge is a bullish continuation pattern and in this case is at the bottom of a larger ascending channel
Once price touches this lower channel band again and forms a double bottom the falling wedge will come into effect and push price back up further into the ascending channel