Pair: USD/THB
Pattern: Falling Wedge
Trend Shift: Bearish ➡️ Bullish
Bias: Bullish Reversal
🔍 Pattern Breakdown:
USD/THB has been consolidating in a falling wedge, a classic bullish reversal pattern that forms when the price makes lower highs and lower lows — but within converging trendlines.
This wedge shows declining bearish momentum, often indicating that a strong upside breakout is imminent.
✅ Bullish Signals:
Tightening Price Action – Signs of seller exhaustion
Volume Drop during wedge formation – common before breakout
RSI Divergence – Momentum beginning to shift upward
#USDTHB #ForexPatterns #FallingWedge #BullishReversal #TechnicalAnalysis #PriceAction #ChartPatterns #ForexSignals #BreakoutTrading #SmartTrading #FXMarket
Pattern: Falling Wedge
Trend Shift: Bearish ➡️ Bullish
Bias: Bullish Reversal
🔍 Pattern Breakdown:
USD/THB has been consolidating in a falling wedge, a classic bullish reversal pattern that forms when the price makes lower highs and lower lows — but within converging trendlines.
This wedge shows declining bearish momentum, often indicating that a strong upside breakout is imminent.
✅ Bullish Signals:
Tightening Price Action – Signs of seller exhaustion
Volume Drop during wedge formation – common before breakout
RSI Divergence – Momentum beginning to shift upward
#USDTHB #ForexPatterns #FallingWedge #BullishReversal #TechnicalAnalysis #PriceAction #ChartPatterns #ForexSignals #BreakoutTrading #SmartTrading #FXMarket
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.