PRO TIP :- When price moves within a falling wedge pattern, it typically forms a downward trend and then begins to move towards a bullish reversal. The trend lines within the wedge pattern converge, creating a contracting pattern that suggests lower lows and lower highs. As the pattern progresses, traders typically look for a breakout above the upper trend line, signaling a potential bullish reversal and upward trend. However, fundamental factors should also be considered before making a trading decision.
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