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bullish falling wedge pattern

German translation: fallendes Dreieck mit Aufwärtssignal

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08:45 Mar 3, 2004
English to German translations [PRO]
Bus/Financial - Investment / Securities
English term or phrase: bullish falling wedge pattern
The market completed a bullish falling wedge pattern.

From a technical analysis...
Blixen
United Kingdom
Local time: 12:57
German translation:fallendes Dreieck mit Aufwärtssignal
Explanation:
What confuses me here is that a falling wedge is generally a bearish pattern - I can only imagine it being bullish in the event of a clear upside penetration of the downtrend that forms the upper part of the wedge.
Selected response from:

Ralf Lemster
Germany
Local time: 13:57
Grading comment
And thanks again!!!
4 KudoZ points were awarded for this answer

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Summary of answers provided
3fallendes Dreieck mit Aufwärtssignal
Ralf Lemster


  

Answers


18 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
fallendes Dreieck mit Aufwärtssignal


Explanation:
What confuses me here is that a falling wedge is generally a bearish pattern - I can only imagine it being bullish in the event of a clear upside penetration of the downtrend that forms the upper part of the wedge.


    Reference: http://www.fxmarkets.de/chart/classic.htm
Ralf Lemster
Germany
Local time: 13:57
Specializes in field
Native speaker of: German
PRO pts in category: 1394
Grading comment
And thanks again!!!
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