$STBL Breakout falling wedge pattern
`A falling wedge breakout is a bullish signal in technical analysis, occurring when the price of an asset, which has been trending downward in a tightening range, pushes decisively above the upper resistance line of the wedge formation. This indicates that selling pressure is weakening and a potential trend reversal to the upside is underway.`
**How to Trade a Falling Wedge Breakout (Simple)**:
1. **Spot the Pattern**: Find a falling wedge—price forms lower highs and lows, converging into a tighter range.
2. **Wait for Breakout**: Buy when price breaks and closes above the upper trendline with strong volume.
3. **Entry**: Enter long at the breakout or on a retest of the trendline as support.
4. **Stop-Loss**: Set below the lower trendline or recent low.
5. **Target**: Measure the wedge’s height at its widest, add it to the breakout point for the target.
6. **Manage Risk**: Use low leverage (3x-5x), risk 1-2% of your account, and trail stops to lock profits.
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