Wedge patterns in a technical analysis indicate a trend reversal as well as continuity. In line with ... of reversal or continuation, the falling wedge pattern is considered a bullish pattern.

Bullish Rising Three Method It is a continuation candlestick pattern. It is ideally a five candle pattern in which second, third, and fourth candles are opposite in color of the first candle.

These two line candles are bullish reversal or upside reversal. On the contrary, the bullish homing pigeon can also be in a bearish continuation pattern as you won’t see the price of the stock ...