Home > Terms > English, UK (UE) > wedge

wedge

A chart pattern composed of two converging lines connecting peaks and troughs. In the case of falling wedges, the pattern indicates temporary interruptions of upward price rallies. In the case of rising wedges, indicates interruptions of a falling price trend.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

architected
  • 0

    Terms

  • 27

    Blossaries

  • 14

    Followers

Industry/Domain: Transportation Category: Bicycle & electric bicycle

Boris Bike

The Boris Bike is part of a public bicycle hire scheme in London, UK which was introduced in 2010. The schemes actual name is Barclays Cycle Hire but ...

Featured blossaries

Factors affecting the Securities Market

Category: Business   1 8 Terms

The Sinharaja Rain Forest

Category: Travel   1 20 Terms