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alxiv
Jul 8, 2021 4:31 PM

$BB falling wedge into breakout Long

BlackBerry LimitedNYSE

Description

A falling wedge pattern shaping in the BB price action, with increasingly lower price volatility inside the tapering wedge and MACD crossing, BB is setting up for a breakout upwards. With cyber security being talked about left and right, a reversal could be in the cards.
Comments
DesireToTrade
Do you use lower standard deviation similar to bollinger bands?
alxiv
@cayala93, yes, because it's easier to read for me. They show basically the same information, with Bollinger being a more visual representation, also more lagging.
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