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Wedge Pattern
Chart PatternsA pattern with converging trendlines that both slope in the same direction. A rising wedge (both lines slope up) is bearish; a falling wedge (both lines slope down) is bullish.
A pattern with converging trendlines that both slope in the same direction. A rising wedge (both lines slope up) is bearish; a falling wedge (both lines slope down) is bullish.