Looks like a Bullish Gartley pattern as well.
The AB retracement leg should be .618 of XA. The CD leg should be a .786 retracement of XA, or close for a bullish Gartley pattern.
Possible stop under first or last bottom, or under D. The first bottom (blue star) is not a deep bottom and appears to be part of a smaller pull back.
Falling wedges can be bullish during a pull back and slope down which is against the larger, long term trend. The 2 trendlines converge at the apex. A FW can signal that selling pressure may be easing off.
No recommendation.
Focus and simplicity. Simplicity can be harder than complex.
The AB retracement leg should be .618 of XA. The CD leg should be a .786 retracement of XA, or close for a bullish Gartley pattern.
Possible stop under first or last bottom, or under D. The first bottom (blue star) is not a deep bottom and appears to be part of a smaller pull back.
Falling wedges can be bullish during a pull back and slope down which is against the larger, long term trend. The 2 trendlines converge at the apex. A FW can signal that selling pressure may be easing off.
No recommendation.
Focus and simplicity. Simplicity can be harder than complex.