lauralea

Falling Wedges

lauralea Updated   
AMEX:CBOE   Cboe Global Markets, Inc.
Falling Wedges can be bullish if stock breaks up and out of the falling wedge
Found in downtrends, usually in prolonged downtrends and can signal a reversal
CME is in the process of breaking out of it's falling wedge

Not a recommendation

Good luck!
Comment:
I jusyt looked. My wedge is not drawn very well. Consistent breaks of 89.15ish will signal break from falling wedge pattern
Comment:
Targets id CBOE breaks falling wedge are 97.3 103 109.5
T2" 115.1 120.2 134.2
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.