We can see we have 6 valid touches on the bottom red trendline...hard tot ell whether the yellow trendline or the green trendline is the more valid top trendline of the wedge...but hopefully its the yellow trendline that price action is currently above. If we can maintain steady support above this yellow trendline then that should hopefully lead to a bullish breakout from the wedge but we will have to also of course clear the green trendline to to confirm that breakout. On the 1 day chart (not shown here) we have a buy signal that just occurred on the hashribbons indicator...no signal yet on the weekly chart but the buy signal on the daily is still a very bullish sign of things to come in the near future.m
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