Wedge Chart Pattern in Forex Trading
yanz@1234572025-09-04T18:03:08+00:00If the rising wedge shows up after an uptrend, it’s usually a bearish reversal pattern. The wedge pattern can signal either a reversal or a continuation of the existing trend, depending on the direction of the wedge and whether it is rising or falling. In the forex market, chart patterns are critical for technical analysis and identifying potential trade setups. In this case study, we'll focus on a falling wedge pattern, which is typically considered a bullish reversal pattern. These formations involve multiple instances of wedge patterns within a single chart, signaling complex price dynamics. Remember that not all wedge patterns [...]