A rising wedge can be a continuation pattern to the downside or ato the downside.
It is formed when the price trades between a What are "resistance" levels in trading? A resistance level ... More level that has an upward slope and consolidates into an increasingly narrow range.and
As the What are value stocks? A value company is a company that app... More consolidates into a narrow range, the What is price? The price is the measure of the value of good... More gets closer to breaking out of the pattern. The break is to the downside for a A rising wedge can be a continuation pattern to the downside... More.
What is a trend reversal? A trend reversal is when the mark... More to the downside