Abstract: 3 Wedge Structuring Is An Undeniably Accurate Approach To Map The Market And Is Key Part Of Market Foot- Printing
Wedge patterns are a way to identify dynamic support and resistance in live market. Wedge delivers areas or price zones from where price can change the trend with respect to the time frame you are observing. Price action has a unique way of moving in either direction but what if you could identify the direction of price based on current and previous price action. Let’s, dive deep into wedge structuring and get an insight into working structure of Wedging-How Wedging can help to identify market direction and guide towards more precise and accurate prediction. Wedges, if used as mentioned below, can help to map the entire price movement with respect to any time frame and thus make it easier to define more accurate direction of next move in price.
