The descending wedge – just a look from the inside

🔍 I have been trading in the market for a long time and want to share my vision of the descending wedge. This pattern can really save your money if you read it correctly!

A descending wedge is when the price seems to be squeezed into a funnel that goes downwards. Two lines converge, and within that, each high is lower than the previous one. When I see this on the chart, I smell money – it's almost always a sign before a bullish reversal.

📊 What I noticed over the years of trading:

The price seems to be suffocating in this wedge, trying to break out upwards. Volume often drops – big players are lurking before the attack A real breakthrough occurs suddenly, often on volume – you need to grab quickly.

🎯 My strategy is simple:

I enter right after breaking the upper line – hesitate, and you'll miss the profit. I set a stop loss below the last minimum – one cannot be greedy. The first target is approximately the height of the wedge from the breakout point. The second is the nearest resistance, where it is likely to start being fixed.

📢 As I tell the traders: "I see a descending wedge! Buying on the breakout of the upper line, stop below the last low. The first target is the height of the figure, then we'll see how it goes. Who's with me on this rally?"

Many platforms draw these figures incorrectly – check everything with your own eyes! I recently saw a perfect wedge on BTC, but it was ignored.

#ТехАнализ #CryptoPatterns #НисходящийКлин #TradingSignals

What patterns do you see in the market right now? Share your setups!