Falling Wedge Setup
Two converging downsloping trendlines with contracting volume — a wedge where each rally and pullback gets tighter. Despite the bearish-looking slope, the contraction signals exhaustion of supply. Resolves with an upside breakout.
Sample still building: 2 eligible setups in the 2025-03-17–2026-09-04 source-bar window. Rates stay hidden until n=30. Historical and illustrative, not predictive.
How this is measured →Setup Criteria
- › Both upper and lower trendlines slope downward
- › Lines converge — pattern narrows over time
- › Volume contracts as pattern matures
- › Often forms inside a larger uptrend (continuation)
Breakout above the upper trendline on volume.
Below the most recent low inside the wedge.
Worked Example
No stored Falling Wedge detection to chart yet — a worked example appears here automatically the next time the scanner flags one with price history on file.
No Falling Wedge setups in the latest scan
Market conditions may not be producing this pattern right now — the scanner re-checks every trading day.
