We have this Ascending Broadening Wedge on the 4 hourly time frame. As we see on the social media everybody is bullish again and that’s the point where i am looking in the other direction. I exited my long position from 37.7k because of the bearish divergence on the 4 hourly and entered short postion at 42.2k.
Ascending Broadening Wedge is a bearish pattern and we already have a break out and retest of the support line now turned into resistance.

What do you think about this Ascending Broadening Wedge?
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