What Is Falling Wedge?
A Falling Wedge is a bullish pattern formed by two converging trendlines that both slope downward. The narrowing price range shows diminishing selling momentum, typically leading to a breakout through the upper trendline.
Win Rate
69%
Avg Move
Wedge height
Best TF
4H/Daily
BullishChart FormationMany CandlesIntermediateHigh Reliability
Key Characteristics
- Both trendlines slope downward but converge
- Volume typically decreases as the pattern forms
- Breaks out through the upper trendline
- Measured move = widest part of the wedge
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