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FALLING WEDGE: AMAZON 🦅

Amazon.com (NASDAQ:AMZN)  
HumanIntel  
NASDAQ:AMZN   Amazon.com
Chart Patterns AMZN amazon Falling Wedge Bullish Patterns
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chartpattern amzn amazon fallingwedge bullish
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout occurs. - Stockcharts.com

FALLING WEDGE: AMZN
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BOTTOM OF THE BOLLINGER BAND
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