RISING WEDGE REVERSAL

Rising wedge is a reversal pattern. There have to be at least 5 touches –

usually two on the bottom, three on the top. It is important for the bull volume to
decline and impulses to get smaller and smaller.

Explained in Contenders Falling and rising wedges stream on 17. 7. 2019

(17:10) 

FALLING WEDGE REVERSAL

Falling wedge is a reversal pattern. There have to be at least 5 touches –
usually two on the top, three on the bottom. It is important for the bear volume
to decline and impulses to get smaller and smaller.

Explained in Contenders Falling and rising wedges stream on 17. 7. 2019

(28:14)