Falling & Rising Wedge Chart Patterns with XM: The Complete Guide to Forex Trading
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Falling & Rising Wedge Chart Patterns with XM: The Complete Guide to Forex Trading

Of all the reversal patterns we can use in the Forex market, the rising and falling wedge patterns are two of my favorite. They can offer massive profits along with precise entries for the trader who uses patience to their advantage. One of the great things about this type of wedge pattern is that it typically carves out levels that are easy to identify. This makes our job as price action traders that much easier not to mention profitable. Let’s start by defining the characteristics.