$WIF Falling Wedge Pattern: A Powerful Bullish Reversal Pattern
The Falling Wedge (FW) is a strong bullish reversal pattern. Even when it gives a wrong signal, it often leads to a bullish move. Here's what you need to know:
🔍 Key Takeaways:
✅ Price broke below the wedge (fakeout/sweep)
✅ Triggering stop losses from impatient longs
✅ Reclaim inside the wedge or quick bounce = bullish continuation
Don't Get Trapped! 🚨 Learn to Read Volume Like Smart Money 📊💡
Ever entered a bullish trade just to watch it dump hard right after the breakout? 🤦♂️ That’s not bad luck… That’s Smart Money manipulation 🤑 — and here’s how to spot it:
🔍 Volume Trap Formula:
✅ Green Spike (Buy Volume)
✅ Followed by Red Spike (Sell Volume)
✅ Price inside Bearish Breaker Block
✅ Bearish Candle Closes Strong
What if it doesn't reclaim inside?
If price doesn't reclaim inside the wedge, it could be a sign of weakness. This might lead to a deeper correction or even a trend reversal. In this case, it's essential to:
✅ Re-evaluate your trade
✅ Adjust your stop loss
✅ Consider alternative trading opportunities