A falling wedge is a bullish chart pattern formed by two converging downward-sloping trendlines. It indicates that selling pressure is diminishing, and a breakout above the upper trendline typically signals a bullish reversal or continuation.
Example
“ETH formed a falling wedge over six weeks, and when price broke above the upper trendline with strong volume, the trader entered a long position targeting the height of the wedge as a measured move.”