The nature of the falling wedge pattern is considered bullish because the concept is that as the SP draws closer to the cone, at some point it will break out from the upper TL of the wedge and continue to the upside, as you can see the SP is flattening out and getting closer to the that upper TL, however if it doesnt bust it and it goes lower from here then its very bearish imo, need to crack 6 to get the whips cracking and then 8 for official change of trend ( refer to blue horizontal lines )
AIMHO
The nature of the falling wedge pattern is considered bullish...
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