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Selected Chart Pattern

Falling Wedge

Pattern Description:

The falling wedge is a bullish pattern consisting of lower highs and lower lows of diminishing magnitude. The pattern is confirmed when the falling resistance line is broken, which should be accompanied by a rise in volume. The pattern may falter if volume remains low at the breakout point.

Falling Wedge

The Elasticity2 System for Metastock

The Elasticity2 System for Metastock

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