The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge.
FALLING WEDGE: APPLE
DAILY CHART
BOTTOM OF THE BOLLINGER BAND
FALLING WEDGE: APPLE
DAILY CHART
BOTTOM OF THE BOLLINGER BAND
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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.