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!
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
T2" 115.1 120.2 134.2