Falling Wedge
A falling wedge is a price-chart pattern formed by two downward-sloping, converging trendlines that bound price action, typically during a downtrend. A breakout above the upper trendline is often interpreted as a signal of a potential move to the upside.
Example: In a chart showing a downtrend, the price forms a falling wedge with two converging downward-sloping lines; a breakout above the upper line on higher volume is noted as a potential point of interest in the pattern.
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