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Wedges

Rising Wedge Patterns 


Rising Wedge in a Downtrend
(Bearish)


Rising Wedge in an Uptrend
(Bearish)


A rising wedge is generally considered bearish and is usually found in a downtrend. They can be found in uptrends, but would still be considered bearish. Rising wedges are described as a series of higher tops and higher bottoms.

Falling Wedge Patterns


Falling Wedge in an Uptrend
(Bullish)


Falling Wedges in a Downtrend
(Bullish)

A falling wedge is generally considered bullish and is usually found in an uptrend. A falling wedge can also be found in downtrends but still is considered bullish. A falling wedge pattern is describes as a series of lower tops and lower bottoms.
 



 

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