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The Falling Wedge
This pattern can also fit into the continuation category. As a continuation pattern, the falling-wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling-wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling-wedges are regarded as bullish patterns. For further in-depth information on stock market charts and stock chart patterns, check out this resource, which contains critical information to help you learn to use stock charts and technical indicators in a clear, simple and concise manner to improve your stock trading entries and exits. The following are key points in confirming the falling-wedge pattern:
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