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Falling wedge reversal pattern of technical analysis, which manifests itself in a descending wave-like motion, the amplitude of which decreases.
A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice.
Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6
All moving averages for long periods on sale
MACD ready to start rising
A falling wedge is formed at the points of tangency to two straight lines that form an angle looking right downwards. The imaginary angle is the descending wedge. It is important to answer that to each straight the price should touch at least twice.
Exit from the falling wedge will help to test the resistance level on fibbonachi 78.6
All moving averages for long periods on sale
MACD ready to start rising
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