Bullish Wedge Pattern
The bullish wedge pattern shows price action falling in a downswing but breaks its descending upper resistance trend line to reverse higher into an uptrend. The falling wedge pattern can…
Read More »EUR/USD Price Analysis: Rising wedge breakdown confirmed
EUR/USD has dived out of a rising wedge pattern represented by trendlines connecting Nov. 4 and Nov. 23 lows and Oct. 21 and Dec. 3 highs. Backed by a
Read More »How to Trade the Rising Wedge Pattern
One of the most effective setups for profitable trading opportunities is the rising wedge pattern. Wedges form as a stock’s price movements tighten between two sloping trend lines that are…
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