Verge - descending wedge and symmetrical triangle

This is my first post, I am just learning TA so please do not take any of this as financial advice. These are just my ideas of what might happen.

Currently I think that verge is looking to break out of a descending wedge and it could rally up to any of the the fib target lines in yellow.

The longer term picture shows verge trading inside of a symmetrical triangle, which could go either way.