Patterns › Falling wedge
Chart patterns
Falling wedge
Price falls inside two falling lines that squeeze together, then breaks up.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 26 | 46% | 54% | 0% |
| United States | 17 | 53% | 41% | 6% |
| Japan | 12 | 33% | 58% | 8% |
| Crypto | 296 | 34% | 55% | 10% |
| Forex | 32 | 31% | 50% | 19% |
| Commodities | 6 | 17% | 83% | 0% |
Counted on real past charts by the Trading Class research engine, 389 cases in all. Past odds, not a forecast.
How to practise it
Spot the wedge. Then decide: buy, sell, or wait? In the app, 36 real examples of the falling wedge wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Falling wedge.
Related
Double bottom · Double top · Head and shoulders · Inverse head and shoulders · Ascending triangle · Descending triangle · Symmetrical triangle · Rising wedge