Falling Wedge Falling Wedge is a bullish chart pattern that takes place in an upward trend, and the lines slope down. As a continuation signal, it is formed during an uptrend, implying that the upward price action would resume. It is considered a bullish chart formation but can indicate both reversal and continuation patterns – depending on where it appears in the trend. In the case of a Bullish Falling Wedge chart pattern, the stop loss should be placed at the previous low of the pattern. The limitation for the target will be the previous resistance level which was formed before by the price action. @CCCio 5.0K views09:18
