This article also covers how to discern whether the rising wedge pattern is a bearish wedge that suggests the continuation of the former downtrend or a bullish wedge that indicates an upside ...

Wedges can either form in the rising or falling direction. A rising wedge is often considered a bearish chart pattern, meaning it indicates a breakout to the downside. What Does a Rising Wedge ...

It formed a rising wedge chart pattern, which often leads to a strong bearish breakdown. The pair has formed a bearish divergence as the MACD and the Relative Strength Index (RSI) have moved ...

Silver falls 1.2% to $33.69 as short-term chart hints at bearish wedge despite intact uptrend. RSI still bullish but showing signs of fading momentum as sellers start to pressure price action.

USD/JPY forms an ominous-looking bearish Rising Wedge pattern. The price pattern warns of potentially more weakness to come. USD/JPY keeps rising and forming a Rising Wedge pattern as it closes in ...