Kenya

2025-02-26 20:32

IndustryRising and Falling wedges
#AITradingAffectsForex Rising and falling wedges are technical analysis patterns that indicate potential trend reversals. A rising wedge forms when the price makes higher highs and higher lows, but the highs and lows are converging. A falling wedge forms when the price makes lower highs and lower lows, but the highs and lows are converging. Both patterns indicate a buildup of energy that will eventually lead to a breakout, either upwards or downwards, signaling a potential trend reversal. AI can identify these patterns to alert traders to potential trading opportunities.
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Rising and Falling wedges
Kenya | 2025-02-26 20:32
#AITradingAffectsForex Rising and falling wedges are technical analysis patterns that indicate potential trend reversals. A rising wedge forms when the price makes higher highs and higher lows, but the highs and lows are converging. A falling wedge forms when the price makes lower highs and lower lows, but the highs and lows are converging. Both patterns indicate a buildup of energy that will eventually lead to a breakout, either upwards or downwards, signaling a potential trend reversal. AI can identify these patterns to alert traders to potential trading opportunities.
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