If the rising wedge forms after a
downtrend, it’s usually a confirmation
of a Continual Bearish Signal.
Place an Entry Order when price breaks
the rising wedge formation.
Notice:
Just like in the other Forex trading
chart patterns we discussed earlier, the
price movement after the breakout is
approximately the same magnitude as
the height of the formation.
downtrend, it’s usually a confirmation
of a Continual Bearish Signal.
Place an Entry Order when price breaks
the rising wedge formation.
Notice:
Just like in the other Forex trading
chart patterns we discussed earlier, the
price movement after the breakout is
approximately the same magnitude as
the height of the formation.