Wedge Chart Pattern

Wedge Chart Pattern

  • Posted: Feb 25, 2015
  • By:
  • Comments: Comments Off on Wedge Chart Pattern
Share This
« Back to Glossary Index

Chart formation that shows a narrowing price range over time, where price highs in an ascending wedge decrease incrementally, or in a descending wedge, price declines are incrementally smaller. Ascending wedges typically conclude with a downside breakout and descending wedges typically terminate with upside breakouts.

« Back to Glossary Index

Like what you've read?

Join thousands of other traders who receive our newsletter containing; market updates, tutorials, learning articles, strategies and more.

Previous Entry   Next Entry