Lessons › Chart patterns › Rising wedge
World 3 · Chart patterns · lesson 11 · level 3
Rising wedge
Price climbs, but each push gains less than the one before, and the squeeze often breaks down.
What it is
Price climbs inside two rising lines that squeeze together, then breaks down.
Your task in the app
Spot the wedge. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 27 | 48% | 52% | 0% |
| United States | 51 | 39% | 59% | 2% |
| Japan | 25 | 32% | 68% | 0% |
| Crypto | 346 | 36% | 59% | 6% |
| Forex | 28 | 50% | 43% | 7% |
| Commodities | 19 | 42% | 58% | 0% |
Counted on real past charts by the Trading Class research engine, 496 cases in all. Past odds, not a forecast.
Read more on the Rising wedge pattern page.
Goal of this lesson: Recognize a rising wedge and why it often breaks down.