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Wedges
Not tested by us Not tested by us yet. No verdict stamp.
In one line: Two sloping lines that point the same way and come together.
Like a triangle, but both lines slope up (rising wedge) or both slope down (falling wedgeA downward-sloping, narrowing pattern often read as bullish.).
What traders claim: a rising wedge often breaks down, a falling wedge often breaks up.
No peer-reviewed study specific to wedges in our research so far.
Evidence: see Do chart patterns work? What the research says. In short: mixed, and very sensitive to how you define the pattern.
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Sources & studies
Last checked: 2026-11-04 · Educational, not financial advice.
Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.