FALLING
WEDGE
ThefallingwedgepatternisaBULLSIHpatternthat
startswideatthetopandcontinuestocontractas
pricesfall.Aswithascendingwedges,trading
descendingwedgesisoneofthemostdifficult chart
patternstotrade.Afallingwedgepatternsignalsa
continuationorreversaldependingontheprevailing
trend.However, inmost casesthepatternindicates
areversal.Intermsofappearance,thesetupis
widestatthetopandgetsnarrowerasitmoves
down,withtighterpriceaction.#Write2Earn!