John435, (ALY),
It could be a bearish descending triangle, it could be a bullish descending wedge, it's up to you to make up your mind. You could wait to see which pattern is invalidated or whether support or resistance of some sort is violated on a close, or you could take a punt.
The stoch is halfway up a rise, the EMA8 is positioned for a cross up over the 34. A punt on the long side might work...
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weekend charting 13/14 feb, page-6
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