Quote from: Tytanowy Janusz on June 07, 2023, 02:42:57 PM

Good topic. According to Barry D. Moore CFTe rising wedge has a success rate of 81% which is super decent in TA. Also in crypto trading wedges are very popular andvery accurate (this 81% sounds very likely). One of my best patter.

Speaking of rising wedges, it begs to mention falling wedges. After all, it is exactly the same pattern with the same specifics and principles, but only in the opposite direction. 1 more photo and 2 more sentences and the topic is supplemented with a second pattern.

You brought up a good point about falling wedges being the flip side of rising wedges. They share the same principles but go in the opposite direction. I was planning to mention falling wedges separately in another post but may be it is good to add here in this post. I will update post, thanks for the comment.