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The falling wedge pattern is a bullish chart pattern that forms during a downtrend, characterized by downward sloping support and resistance lines. The falling wedge pattern signals a potential reversal when sellers lose momentum and buyers gain control of the market. The falling wedge pattern forms lower lows and lower highs within its converging trendlines. As price movement narrows, the gap between support and resistance lines reflects a decline in selling pressure. The price contraction ... Learn about the Falling Wedge Pattern: Descending Wedge Pattern Types, Their Target, Success Rate, and How to Successfully Trade Downward Wedges. A falling wedge pattern forms when the price of an asset has been declining over time, right before the trend's last downward movement. A falling wedge pattern is seen as a bullish signal as it reflects that a sliding price is starting to lose momentum and that buyers are starting to move in to slow down the fall.
