Wedge-Wedge

 Wedge Bull Wedge In an uptrend, a trader may see a bearish or bullish wedge. Unlike triangles, wedges do not have a flat side. Both sides are tilted in the same direction. With a bullish (descending) wedge, local lows are updated. At the same time, the price in the range slows down. Therefore, on a rising chart, a bullish wedge looks like a small correction. The highs and lows of the wedge are approaching. Typically, traders open short positions after breaking through the upper boundary of the bullish wedge. bearish wedge A bearish (rising) wedge forms similarly to a bullish one. The difference is that local maxima are updated. The price in the decreasing range is slowing down. With a bearish wedge, a trend reversal or a subsequent correction is possible.

Descending triangle- Нисходящий треугольник

 Descending triangle


Descending Triangle" - a pattern of continuation of the downward trend. It is formed between the horizontal support level and the descending resistance line. After the price closes below the support level, sales are recommended, the target of working out is the value of the pattern base (H) in points.


With a descending triangle, one side of the pattern is formed by horizontal support, the other by falling highs. The descending triangle is the exact opposite of the ascending one. With this figure, traders are looking for entry points after the breakdown of support or a rollback to it.