A rising wedge is a chart pattern that signals a potential bearish reversal. It is formed when price action creates a series of higher highs and higher lows, but the distance between these highs and lows is decreasing over time.
The wedge is one amongst the numerous chart patterns used by trader during technical analysis to determine market trend. This chart pattern usually indicates a pause or consolidation in the current trend, hence its primary purpose is to signal a
A rising wedge is a chart pattern that signals a potential bearish reversal. It is formed when price action creates a series of higher highs and higher lows, but the distance between these highs and lows is decreasing over time.
The wedge is one amongst the numerous chart patterns used by trader during technical analysis to determine market trend. This chart pattern usually indicates a pause or consolidation in the current trend, hence its primary purpose is to signal a
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