A slight falling wedge can be drawn on chart as price slightly moves out of the bottom of the channel
The arrow indicates a return back to the channel which is what I think will occur
Falling Wedge patterns often end up with a bullish result
The arrow indicates a return back to the channel which is what I think will occur
Falling Wedge patterns often end up with a bullish result
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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.