📊 Falling Wedge
Two falling trendlines contracting; momentum loss → bullish break more likely.
📋 Pattern Rules
- Converging lines; lower highs & lower lows losing momentum.
- Break above upper line confirms.
🎯 Trading Plan
Entry: Buy the break/retest of upper wedge line.
Stop: Below recent swing low.
Targets:
- TP1 = 0.5 × wedge height
- TP2 = 1.0 × wedge height
📚 Study Points
- 1 — Converging trendlines
- 2 — Weakening momentum
- 3 — Bullish breakout