Wick

Wedges

Chart Patterns

The tired trend

Rising wedge: price climbs but in a narrowing, effortful grind. It usually breaks DOWN. Falling wedge is the mirror, usually breaking UP. Wedges are trends running out of gas.

Check yourself

A rising wedge typically resolves…

  1. Up, it's rising
  2. Down, the climb is exhausting itself correct
  3. Sideways

Each push gains less ground. Effort up, result shrinking = the reversal is loading.

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