falling wedge
It is a chart pattern which forms when the market makes lower lows and lower highs with a contracting range
It is a bullish pattern in which price breaks the resistance line
Resistance line declines at a greater rate.
Activity slow down when price moves in a narrow range
It is a bullish pattern in which price breaks the resistance line
Resistance line declines at a greater rate.
Activity slow down when price moves in a narrow range
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.