Learn about the Falling Wedge Pattern: Descending Wedge Pattern Types, Their Target, Success Rate, and How to Successfully Trade Downward Wedges. A falling wedge pattern forms when the price of an asset has been declining over time, right before the trend's last downward movement. A falling wedge pattern is a bullish reversal pattern in which two trend lines converge, indicating a narrower range of price movement. The falling wedge is a bullish chart pattern. Learn its meaning, trading strategy, examples, risk management, and related patterns.
