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Rising Wedge
BEARISH REVERSAL pattern. Both lines rise but converge. Break below the lower line triggers a strong drop.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: High
- Timeframes: 1H, 4H, D
- Reversal Pattern · Bearish
How to Trade
- Wait for at least 2 touches on each line (4 points minimum)
- Entry: sell on confirmed break of the lower line with volume
- Stop Loss: above the last high inside the wedge
- Take Profit: initial wedge height projected downward
- Confirmation: bearish RSI/MACD divergence increases reliability