Learn to recognize rising wedge patterns, indicative of market reversals, and explore trading methods to capitalize on this bearish chart signal effectively.

When wedges appear on the exchange rate chart for a currency pair, it can indicate to an astute technical forex trader a coming reversal or continuation of the preceding trend. The rising wedge ...

Wedge pattern trading is another basic concept that most beginner day traders need to familiarize themselves with. It takes cues from ABCD and flag patterns. And it ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Khadija Khartit is a strategy, investment, and funding expert, and an educator ...

Forex traders often use chart patterns to obtain strategic insights to help guide their currency trading activities. Among the array of available chart patterns used in technical analysis, the wedge ...

As you begin to get familiar with technical analysis, you’ll start to see three distinct types of forex chart patterns emerge. While you might be looking for wedges, flags, channels and triangles, the ...

DOGE’s price appears to have been painting a bump-and-run-reversal (BARR) bottom since May 11, a technical pattern that points to extended trend reversals in a bear market. It consists of three ...

ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal. The cryptocurrency market was hit with another round of ...

HYPE broke out from a long descending wedge pattern. The price nearing overbought, and short-term correction is likely. Impulse structure confirms possible trend reversal. Interested in buying or ...

Natural gas extended its sharp correction Wednesday to a new pullback low of $4.46, confirming the 20-day average as ...

The wedge formation recently traced on the daily chart of the Russell 2000 Small Cap index is a classic of the genre – I mean, it’s right out of the textbook of chart patterns. It’s a rising wedge -- ...