What is the meaning of Wedge?

Wedge is a chart pattern composed of two converging lines connecting peaks and troughs. In the case of falling wedges, the pattern indicates temporary interruptions of upward price rallies. In the case of rising wedges, indicates interruptions of a falling price trend.

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APABarry Goldsmith. (2010). wedge. Retrieved September 20, 2026, from http://smartdefine.org/wedge/definitions/1166434
ChicagoBarry Goldsmith. 2010. "wedge" http://smartdefine.org/wedge/definitions/1166434 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, wedge, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/wedge/definitions/1166434>.
MLABarry Goldsmith. "wedge" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/wedge/definitions/1166434>
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