SPI Ending Wedge

Having a great day on the SPI today. I just wanted to update the Ending Wedge pattern I posted this morning. The key to this pattern is the 3 wave push into the trendline with bullish momentum divergences. Indeed, the momentum indicator made 3 higher lows despite price making lower lows. As ever, waiting for confirmation is key and when I saw a strong 5min reversal candle off the low with follow through, I got long at 63 average. In the short term the resistance levels are 4900/4905.

SPI 5mins:

These patterns appear time and time again across timeframes so learn this setup. 

Thanks
Austin