6E Falling Wedge on 4 hour chart

Continuing from the previous 4 hour chart that initially showed the bounce on the first level of divergence, price has now moved lower failing to make higher high, and morphed into a falling wedge pattern that is almost fully developed. Notice the 23.6% retracement is at the same level as the upper resistance trendline where it initially bounced from. The weekly chart on the right shows rising wedge break that was not fully developed, and going back up to test the trendline, rejected there which is also at 23.6% level, and moving down to 50% level and bouncing, as it was building the falling wedge that shows on the 4 hour chart on the left.  50% level was 1.34, and it came to 1.342, 20 pips above it.
Measuring the target of the falling wedge gives the target of about 500 pips from the trendline break.