The C&H pattern is Slow in forming but is forming NO Rising Wedges noted The prior gap down may cause Hard R above price QQQ, SPY and IWM are all traveling in a rising wedge. Narrowing Rising wedges can be long term patterns and can travel up in them for a long time. Just be aware of the bottom trend line. Rising wedges slope upward and contract at the apex. Falling wedges at the bottom are often bullish and can signal a reversal from a downtrend. Examples, CBOE, CME, HSY