Falling wedge pattern image :-
This image is called falling wedge pattern. In this pattern mainly a flag like inverted flag so you can see this image properly. When breakdown in form then mainly we can trade and How to trade and How to identify this pattern, How to skip false breakdown. These are our topics we study in this post.
How to identify this pattern :-
The answer is that if we read charts daily then we can easily identify this pattern. First to first open our watchlist and find whose chart form inverted flag then if any chart form this type of pattern then first to first mark this chart and add our important list. This way we can identify Falling Wedge Pattern.
How to trade this pattern :-
First we mark this pattern and then wait for any type of moment like that breakout and breakdown then If break down in lower side then again wait for next two more candle because may be it is a false breakdown it may be possible so always wait for next two more candle. Then two more candles are form if candle color is red then measure our stop loss if our stop loss is our range then we can trade in sell side. This way we can trade in falling wedge pattern.
How to skip false breakout :-
The main rule of skip trade on false breakout is our patience if we have a good patience then we can easily skip our losses and trade on false breakout. That means you need patience and self control so try to make self control if you have no self control then try to do some exercise for patience and build our self control.
How to wait for full target :-
If you want to book your full target in trading life then may be it is not possible for human because for human life no one is perfect and 100% perfect but you can try to wait for your target but it possible in that case when you have lot of experience otherwise may be it is not possible but you can improve your patience and build confidence. You can improve with the help of some exercise. This way you can wait for your target.
