All patterns

Pulsar-14 › DOGEUSD (Dogecoin / US Dollar) · Daily

Falling Wedge

Breakout confirmedBullish
Quality95%

Drag to rotate, scroll to zoom.

Draw it on TradingView

No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.

  1. 1.Copy the script and open the chart on TradingView.
  2. 2.Open the Pine Editor at the bottom, clear it and paste.
  3. 3.Click "Add to chart"; the drawings appear.

Swing points

PointCandle open (UTC)Bar #Price
L1Sep 20, 202600.08434
H2Sep 22, 202620.10589
L3Oct 18, 2026280.07607
H4Oct 21, 2026310.08380
L5Oct 24, 2026340.07478
BRKOct 28, 20260.07847

Bar #: candles counted from the pattern's first point. Times are candle open times.

Lines

  • ResistanceSep 20, 2026 · 0.10741 → Oct 28, 2026 · 0.07847
  • SupportSep 20, 2026 · 0.08430 → Oct 28, 2026 · 0.07345

This pattern's track record

On the Daily chart

41%

Target reached after breakout

Breakout rate
83%
Reached half the target
61%
Average time to target
45 days
Cases
169 resolved cases

All timeframes

41%

Target reached after breakout

Breakout rate
84%
Reached half the target
59%
Average time to target
14.2 days
Cases
720 resolved cases

What is this pattern?

Highs and lows both fall, but highs fall faster so the channel narrows. A close above the upper line usually targets the area where the wedge began.

A close below the last low invalidates the pattern.

This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.

DOGEUSD Daily Falling Wedge | IndicatorScan