Emerging Falling Wedge pattern in its final wave was identified on the META 4 hour chart. After a strong bearish run, we find META heading towards the upper triangle line with a possible resistance at 545.4313. If the support shows to hold, the Falling Wedge pattern suggests a rebound back towards current levels.
META is quickly approaching the support line of a Falling Wedge. We expect either a breakout through this line or a rebound.
