Falling Wedge Chart Pattern is a bullish reversal pattern

Resistance: The upper trendline slopes downward, connecting lower highs.
Support : The lower trendline slopes upward, connecting higher lows.

The pattern shows a narrowing price range, with selling pressure easing and buying pressure building. Once the price breaks above the resistance line, it signals a potential reversal to an uptrend.

Key Points :
* Occurs after a downtrend .
* Breakout happens to the upside .
* Volume increases during the breakout for confirmation.
* Target price is estimated by measuring the height of the wedge and projecting it upwards.

The Falling Wedge is a useful pattern for traders looking to catch a potential bullish reversal after a downtrend.