Falling wedges are often bullish at the bottom and can indicate a reversal in the trend if price breaks up and out of the wedge pattern
Opposite of rising wedges which are usually bearish and are found at the top
Price has not broken the falling wedge upper trendline yet.
Not a recommendation
Opposite of rising wedges which are usually bearish and are found at the top
Price has not broken the falling wedge upper trendline yet.
Not a recommendation
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.
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.