As we can see, there was a downward breakout from the white wedge .
The form of this move created two other wedges (green and pink).
The green wedge , in contrast to the white, is bullish and thus will most likely result in a sharp upward move (yellow dashed line).
This behavior will create a natural retest of the white wedge .
I predict that this will be followed by an equally sharp downward bounce, which in turn create a downward breakout from the largest (pink) wedge .
Alternatively, the blue dashed line will be another possible way.
Ultimately in my opinion this sequence will create an H&S pattern.

And remember, this is not financial advice.