All language subtitles for 4. Wedges (Broadening & Narrowing) - REVERSAL--- [ DevCourseWeb.com ] ---

Next up is model 1.4 and we will talk about wedges this time.

Where does our reversal patterns that can give us a clue of when price will change his direction.

Altogether there are four types of wench's.

OK.

First is the ascending Nehring wedge that tells us guys will break to down.

Can Then there's the ascending broadening which sort of reversal of pattern

third is the descending narrowing.

Is how would with reais breaks the up side.

So of as the descending broadening which

also reduces better the Nehring wedge shows that prices compressing and most of the time it's a corrective

ways they're broadening which shows up prices decompressing.

So let's take a look at some charts Let's learn to identify some which's the charts here

k here.

This is an this is an astounding narrowing which

this tells us that especially looking at the the body of these candles here the bull's eye and the weakening

and then fractures reverses

is another one.

This looks also like a triangle you could also draw like this.

But as you can see this is where the trend is right up trend high highs those.

Here is an example.

Of the broadening ascending which

misses the shape of microphone reversal pattern.

Basically this shows indecision after a big trending move to the upside.

And remember for tries to continue it's both to the upside.

There needs to be enough Suthers So the buyers can buy from

now.

Another one here.

This is a big move right.

And what happens if the big move arranged for

just the first clue that tells us that the Bears are not able to push prices over.

This is the second clue where it me a new high.

So in this case it serves as a reversal range.

Embrace the upside.

Right.

That should cover this model about wages.