Patterns › Rising wedge
Chart patterns
Rising wedge
Price climbs inside two rising lines that squeeze together, then breaks down.
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.
How to practise it
Spot the wedge. Then decide: buy, sell, or wait? In the app, 36 real examples of the rising wedge wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Rising wedge.
Related
Double bottom · Double top · Head and shoulders · Inverse head and shoulders · Ascending triangle · Descending triangle · Symmetrical triangle · Falling wedge