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.
