Technical analysis by CryptoSkullSignal about Symbol PAXG: Buy recommendation (6/28/2025)

Falling Wedge: The Bullish Pattern Most Traders Miss A falling wedge is a bullish pattern that forms when price action contracts between two downward-sloping lines. Both highs and lows are getting lower, but the lower trendline declines more slowly. This shows that sellers are losing momentum.There are two types of falling wedges:🟢In an uptrend, it acts as a continuation pattern. The price pauses and consolidates before breaking out upward again.🔴In a downtrend, it acts as a reversal pattern, often signaling a bottom before a trend change.Both versions look similar on the chart — a narrowing wedge sloping down. The breakout usually happens to the upside. To trade it 👇1️⃣Wait for a confirmed breakout above the upper resistance line.2️⃣Look for strong volume on the breakout to confirm the move.3️⃣You can enter on the breakout or wait for a retest of the trendline.4️⃣Place your stop below the recent low.5️⃣Set a target based on the height of the wedge.Falling wedges work best in strong trends and become more reliable the longer they form ✍️#FAQ