The Falling Wedge Pattern is a reversal pattern that occurs in downtrends. It’s easy to spot on a chart and once you know how it works, you can use it to enter trades with the potential for big ...

Day-traders wouldn’t exist if it wasn’t for charts, graphs, and patterns. Technical analysis is the key used by intraday traders and most short-term traders to analyze price movements. Technical ...

- As continuation patterns, falling wedges have a high probability of breaking out in direction of the trend - Stops and limits can be easily determined ahead of time. A popular chart pattern used by ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...

Wedges can offer an invaluable early warning sign of a price reversal or continuation. Learn all about the falling wedge pattern and rising wedge pattern here, including how to spot them, how to trade ...

The EURJPY triggered a bullish signal on Wednesday after prices breached the falling wedge pattern. Over the past few days, the minor currency pair has been trending lower with yesterday’s rebound ...

As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...