Falling Wedge: A Bullish Pattern Explained

Traders ought to know the differences between the rising and falling wedge patterns in order to identify and trade them effectively. The rising wedge chart pattern can fit in the continuation or reversal category. When it’s a continuation pattern it…

Trading the Falling Wedge Pattern

Opposite to rising wedge patterns, falling wedge patterns are typically a bullish wedge, which implies the price is likely to break through the upper line of the formation. Much like our discussion above on ascending wedges, this descending wedge pattern…