Rising Wedge
Two converging upward-sloping trendlines where the lower line rises faster — a bearish pattern signalling that upside momentum is exhausting.
A Rising Wedge has both the upper resistance line and the lower support line slanting upward, but the lower line rises at a steeper angle — price is being squeezed toward the upper boundary with diminishing room to run.
Despite the upward slope, the pattern is bearish: the tightening range signals buyers are losing control. A close below the lower trendline is the breakdown trigger. Target = the widest part of the wedge projected downward from the breakdown.
- Rising wedges often form at the top of an uptrend (reversal) or during a counter-trend bounce (continuation lower).
- Volume should visibly decline inside the wedge.
Related Terms
Ascending Triangle
A coiling pattern with a flat upper resistance line and rising lower trendline, typically resolving in a bullish breakout.
BeginnerFalling Wedge
Two converging downward-sloping trendlines where the upper line falls faster — a bullish pattern indicating downside momentum is fading.
IntermediateReversal Pattern
Any pattern that signals a change in the prevailing trend direction — Head and Shoulders, Double Tops/Bottoms, and wedges at extremes are classic examples.
BeginnerThrowback
A post-breakout pullback to the broken resistance level, which now acts as new support — a common re-entry opportunity in trending markets.
BeginnerWedge
Two converging trendlines that both slope in the same direction — the Rising Wedge is bearish, the Falling Wedge is bullish.
BeginnerWolfe Wave
A five-wave price structure where the fifth wave overshoots a channel, signalling a sharp snap-back to the 1-4 trendline.
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