A falling wedge is a bullish reversal chart formation in a downtrend and a bullish continuation formation in an uptrend with the trendlines converging downward. It usually results in a breakout above the upper resistance line.
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.
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.