The stock has historically taken support near the bottom of falling
wedge pattern before moving higher again.
Not exact matches
This trade setup looked good for two reasons: the bullish outside reversal bar right
before the day we entered, and the
wedge pattern.
So,
before adding the broadening
wedge pattern to your trading arsenal, it's important to set the appropriate frame of mind.
If desired, decorate the top of the cake with a
patterned dusting of cocoa powder
before slicing into
wedges; serve.