The falling wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downward as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downward and exhibit a bullish bias.
Buy now and hold until the Earning
Buy now and hold until the Earning
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Only $8? still gonna holdTrade closed: target reached
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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.