bearish-wedge-inside-bearish-trend-continuation

[mhmo2005]

Wedge trading is not just about observing the pattern and taking trades based on what it tells us about price action. Let's look at two examples. Here you will find a falling wedge that appears within a downtrend. A wedge is formed from a series of rising highs and lows. If you sell in this situation, you have benefited from the continuation of the ensuin

 

[Fin_Trader]

This can also be called a correction or a rollback, which is always present during trend movements. Therefore, when trading in the direction of the trend, it has always been important to be able to find the end of these rollbacks and make trades in the direction of the trend, which increases the chance of success and makes it possible to set small stop losses.