Screener of Stock bullish wedge falling
AI Pattern Search Engine (PSE)


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
14-day FREE trial subscription
Try for free
$30/month afterwards
How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Manual
Pattern Types and Stats
14-day FREE trial subscription
Try for free
$30/month afterwards

Wedge Falling

The Falling Wedge pattern forms when the price of a security appears to be spiraling downward, and two down-­sloping lines are created with the price hitting lower lows (1, 3, 5) and lower highs (2, 4). The two pattern lines intersect to form a narrow triangle. Unlike Descending Triangle patterns, however, both lines need to have a distinct downward slope, with the top line having a steeper decline.

This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).

Trade idea

If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout point. To identify an exit, set the target price as the top of the formation (the highest high). The confirmation move is when the price breaks out of the last high touching the top line.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Read more

Real Time Feed

Wedge Falling (Bullish)

ECPG Encore Capital Group,Inc.

Stock

ODDS FOR THIS TICKER: 81%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 24 Aug 27 71% 0%
Wedge Falling (Bullish)

AIV Apartment Investment & Management Co. - Ordinary Shares - Class A

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 18 Aug 27 71% 8%
Wedge Falling (Bullish)

TAL TAL Education Group - ADR

Stock

ODDS FOR THIS TICKER: 90%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 20 Aug 24 67% 29%
Wedge Falling (Bullish)

BRID Bridgford Foods Corporation

Stock

ODDS FOR THIS TICKER: 71%
EMERGED CONFIRM CONFIDENCE DISTANCE
Aug 16 Aug 18 68% 4%
Wedge Falling (Bullish)

BBBY Bed,Bath & Beyond Inc.

Stock

ODDS FOR THIS TICKER: 65%
EMERGED CONFIRM CONFIDENCE DISTANCE
Jul 15 Jul 21 72% 16%