Obviously we're at the pointy end of the wedge. Using volume as an indicator- SP has been falling on falling volume- which is typically a sign of a coming reversal. Decent confluence at this point ( just as it was at the end of the previous wedge) for a reversal- if the price is to break out of the top of the wedge. + looking at the gap at 0.065 that is just screaming to be filled.
If you were to trade this, I'd either look for the retest at 0.047/0.048 if the break is weak, or at those prices if the break is strong ignoring a retest.
Resolving downwards, I'd call .044 as a bottom, not sure where it would go were it to fall beneath.
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