Down-sloping Wedge ... bullish formation on break, page-7

Jasmac,

I was looking at 34/35c as the peak prior to the descent.

I wouldn't be anticipating "straight up" to the target (nice if it did!) so congestion areas etc. will likely result in the usual up down along the way. Can't give a detailed opinion on the steps here, just a "rule" surrounding down-sloping (and up-sloping) wedge formations, if they broken from in a reverse direction. : ) i.e. down from an up-sloping ... and up from a down-sloping ...

(there will be much better chartists on this site than me I hasten to add : ).... )

Kip