Introduction to Falling Window Pattern
In this module, we are going to discuss the Falling Window pattern, which gives the information that there will be probably continuation of a downtrend (to downtrend). We'll show you what this looks like, its characteristics, and valid conditions for this candle.
In addition, we'll look at the psychology behind the Falling Window Pattern and discuss predictions for the future.
The first thing we want to discuss with you is what a Falling Window Pattern is.
During a downtrend, a gap where a candle opens significantly lower than the previous candle's low is called a falling window pattern; it can occur in any trend but is usually observed during a downtrend.
For those who don't know, a gap in trading is an area on a trading chart where there is no trading activity, resulting in an empty space.
Structure of the Falling Window Candlestick Pattern
Chart Setup for the Falling Window Pattern
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