Okay guys! We see a falling wedge with decreasing volume and obviously a breakout is expected followed by a close above the trend line . I have clone targets from the open face of the wedge and also the target to that price where we have seen the first divergence.
Its my target only if this trend line breaks.
Nobody else has replied so ... Statistically the falling wedge has shown itself to be a reversal pattern in a down trend. The battle tightens between the buyers and sellers while the prior trend continues, but volume runs out in the sellers eventually leading to a break to the upside.