What is Wedge Pattern?
A chart pattern characterized by two converging trendlines, either rising or falling.
In-Depth Explanation
Practical Example
"The market broke out of a massive falling wedge, signaling the start of a new bull run."
Related Terminology
Breakout
When the price of an asset moves above a resistance level or below a support level with increased volume.
Volatility
A measure of how much and how quickly the price of an asset changes over time.
Bull Market
A market condition where prices are rising or expected to rise.
Bear Market
A market condition where prices are falling or expected to fall.
Tradeable Instruments Affected
Tactical How-To Guides
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