Community post
The Pattern Bible : 3. The wedges
Hi everyone,
Today I will show you a new pattern in charts : the wedges. There is 2 differents wedges : rising and falling ones.
I. Rising wedges :
It is a bearish pattern, if the price is consolidating high and break the below trendline, the price will drop.
Just look at the chart picture to understand it.
II. Falling wedges :
It is the opposite, so it is a bullish pattern.
Now you can trade with the falling and rising wedges!
I hope it helped you, if you have questions or things you haven't understood, don't hesitate to ask me !
Thanks for reading.
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