- Reviewed by James Stanley, Nov. 24, 2021
The rising wedge is a popular reversal pattern that is predictive in nature and can give traders a clue to the direction and distance of the next price move.
Rising wedges appear regularly in the financial markets and traders gravitate towards the pattern because of its simplicity in identification and application. This article will explain how to spot a rising wedge on forex charts and how to trade them.
LEARN TO TRADE THE RISING WEDGE:
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