According to Bulkowski- Falling Wedge is an over all poor performer as far as bullish formations go, however it has a 68% of upward breakout. NB . since the formation is over 3 weeks old, it is a falling wedge and not a Flag and Pennant formation. For further details, refer to the link below:
thepatternsite.com/fallwedge.html...
thepatternsite.com/fallwedge.html...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.