#Educational_Post

Falling Wedge vs Bearish Pennant

🔴​​ The falling wedge features two converging trendlines that slope downward, indicating decreasing selling pressure and often signalling a bullish reversal when the price breaks above the upper trendline.

🔴 Conversely, the bearish pennant forms after a significant downward movement and is characterised by converging trendlines that create a small symmetrical triangle. This pattern represents a consolidation phase before the market continues its downward trend upon breaking below the lower trendline.

🔴While the falling wedge suggests a potential bullish move, the bearish pennant indicates a continuation of the bearish trend🔴