David / Simon,

Please consider the following chart:


The resistance line have been tested 3 times and so too the support line at the top.
That makes is an upward trend you can bank on... well, at least it's been.
The interesting thing is, that another resistance line has formed, which have been tested three times as well.

Does this mean the upward trend is coming to an end?
Is this a Rising Wedge planning to throw the trend?
What would the key pointers be to look out for here before considering a trade?
Would one be looking for a breakthrough of either line, or merely watch out for reversal patterns?

What are your thoughts on this one?

Euan.