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A rising wedge is generally considered bearish and is usually found in a
downtrend. They can be found in uptrends, but would still be considered
bearish. Rising wedges are described as a series of higher tops and higher
bottoms.
Falling Wedge Patterns
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Falling Wedge in an Uptrend
(Bullish)
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Falling Wedges in a Downtrend
(Bullish)
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A falling wedge is
generally considered bullish and is usually found in an uptrend. A falling
wedge can also be found in downtrends but still is considered bullish. A
falling wedge pattern is describes as a series of lower tops and lower
bottoms.
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