What Happens after a Falling Wedge Chart Pattern? - Bearish Falling Wedge Chart Pattern

A Falling wedge chart pattern is a bearish continuation pattern - This is a market signal which shows the current market trend is taking a pause before resuming the current downward direction of the market currency pair.

If the Falling wedge downwards continuation pattern forms it signals which the market is taking a pause before resuming the current downwards trend. The Falling wedge continuation pattern in a downwards trend is known as a falling wedge which signals that the price is consolidation but keeps moving lower & lower forming a pattern that looks like a falling wedge. Traders should wait for a confirmation of this Falling wedge chart pattern before opening a trade based on this bearish continuation chart pattern. Once there is a forex price breakout to the downside then the Falling wedge continuation pattern is confirmed & prices will then continue to move in the direction of the current downwards forex market trend.