had been rising since April 2015 in a channel from which it escaped in January before consolidating a bit. Price is now oscillating in a falling wedge
and is being compressed, it found some support at 4.35 and is testing the upper trend. The volume
is slightly decreasing which is a scenario often seen in wedges
According to Bulkowski, the probability of an upward breakout in such pattern is 68%.
Read of the day: http://thepatternsite.com/fallwedge.html