Wedge Patterns - Wedge Chart Patterns
Wedge
patterns in stocks are similar to
triangle patterns in that they are marked by
narrowing price ranges and converging trend lines. Wedge patterns can act
as both continuation and reversal patterns. Wedges are known to have a
noticeable upward or downward tilt.
There
are two primary wedge patterns, the
falling wedge pattern and the
rising wedge
pattern.
Falling Wedge - Falling Wedge Pattern
Rising Wedge - Rising Wedge Pattern
Click on falling wedge or rising wedge
pictures to learn more about each pattern.
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