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.

Graphic pattern "Rectangle"-Графический паттерн "Прямоугольник"


 Rectangle




The rectangle shape (range, corridor, consolidation) on the chart is formed from horizontal support and resistance lines. The quote falls into the range after strong price impulses. The longer the price is in the range, the higher the probability of breaking the border.


The universal "Rectangle" pattern can portend both a reversal and a continuation of the current trend. It looks like a side corridor in which the price chart is consolidating, limited by horizontal support and resistance levels. It is recommended to trade in the direction of breaking through the pattern - if the price closes above the resistance level - buy, if the price closes below the support level - sell. The purpose of working out is the height of the pattern (H) in points.