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Post# of 6856
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Dusty18

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Dusty18

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Wednesday, 10/12/2022 5:32:46 PM

Wednesday, October 12, 2022 5:32:46 PM

Post# of 6856
Building a downward wedge. $IMPP


Falling wedges are the inverse of rising wedges and are always considered bullish signals. They develop when a narrowing trading range has a downward slope, such that subsequent lows and subsequent highs within the wedge are falling as trading progresses.

Falling wedges are typically reversal signals that occur at the end of a strong downtrend. However, they can occur in the middle of a strong upward movement, in which case the bullish movement at the end of the wedge is a continuation of the overall bullish trend.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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