When a falling (or rising) wedge fails to reverse, price action can be classified as a ‘running wedge’. A running wedge leads to an acceleration in price movement in the direction of the wedge. The running wedge objective is .6584
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Trade Smart. Manage Risk. Master Patterns – Your Trade Buddy
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.