Descending Triangle vs. Falling Wedge: How to Trade Each

Most traders confuse these two patterns at some point in their careers. I did too, early on. The price action looks remarkably similar — declining highs that converge toward a flat or slightly decl...

By · · 1 min read
Descending Triangle vs. Falling Wedge: How to Trade Each

Source: BitCoinTalk

Most traders confuse these two patterns at some point in their careers. I did too, early on. The price action looks remarkably similar — declining highs that converge toward a flat or slightly declining support level. But that’s where the similarity ends. One signals continued weakness. The other screams hidden strength. Trading them the same…