Chart Patterns

Rising Wedge

A bearish pattern where price grinds higher between two up-sloping lines that converge — usually resolving to the downside.

Schematic of a rising wedge — illustrative geometry, not a live price chart.

A rising wedge has two converging trendlines that both slope up, with support rising faster than resistance. The advance narrows and loses momentum, a sign the uptrend is running out of buyers despite the higher highs.

A break below the lower trendline is the trigger. Like the falling wedge it can be a reversal (after an uptrend) or a continuation (within a downtrend); both lean bearish.

On StockSetups

On a long-only board the rising wedge is a caution shape StockSetups filters off rather than trades — recognizing it helps you avoid buying a tiring advance.

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