Pattern "Wedge"
First of all, it should be noted that this figure is usually just a figure of fracture trends or trend in Forex.
The pattern of a WEDGE — figure technical analysis of Forex, which has converging lines of support and resistance, the direction of formation coincides with the direction of the previous trend.
If the Wedge is directed upward in an uptrend, then most likely it is a break down will happen and the trend will reverse.
A bounce from the Fibonacci levels Fibo 50
First of all, it should be noted that this figure is usually just a figure of fracture trends or trend in Forex.
The pattern of a WEDGE — figure technical analysis of Forex, which has converging lines of support and resistance, the direction of formation coincides with the direction of the previous trend.
If the Wedge is directed upward in an uptrend, then most likely it is a break down will happen and the trend will reverse.
A bounce from the Fibonacci levels Fibo 50