harley wrote:hi sa inyong dalawa haha
tarantrader wrote:Normally falling wedges come from an uptrend.
betheone wrote:Hmmm, so falling wedges are continuation patterns, thus can be identified as momentary corrections for the general uptrend and thus is also called bullish wedges?
IZEE wrote:Hi Sir Bonner, curious to know what u think of the write-ups at stockcharts.com ? i'm not sure who teh exact author of those articles are but they state that the falling wedge as a reversal pattern requires the following: "Prior Trend: To qualify as a reversal pattern, there must be a prior trend to reverse. Ideally, the falling wedge will form after an extended downtrend and mark the final low. The pattern usually forms over a 3-6 month period and the preceding downtrend should be at least 3 months old" ..do u suggest we be more skeptical of such patterns since they're less common?
thanks Boss T!
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