Falling Wedges   

It is a downward price trend bounded by two intersecting, down-sloping trendlines. Most formations have at least five touches, three along one side, and two along the other.

 
Examples
 
graphic
 
Statistics
Percent of successful formations – 88%
Failure rate – 10%
Average time to throwback completion – 2 hours
 
Trading tactics
Prices should rise to the top of the formation, at a minimum.