ESP35 – getting close to support of a Falling Wedge

Emerging Falling Wedge pattern in its final wave was identified on the ESP35 1 hour chart. After a strong bearish run, we find ESP35 heading towards the upper triangle line with a possible resistance at 10046.4855. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.

Past performance is not an indicator of future results.
Losses can exceed deposits.