Chart patterns · Intermediate

Rising and Falling Wedges

A 1-minute lesson from the MarketPro academy, one of 22 in chart patterns.

Last reviewed 15 September 2026 by the MarketPro research desk · Editorial policy

Short answer

A wedge is a pattern where two converging trendlines both slope in the same direction, either both rising (rising wedge) or both falling (falling wedge), distinguishing it from triangles where the lines slope toward each other from opposite directions. A rising wedge, where price grinds higher within narrowing bounds, is traditionally read as a bearish signal, often appearing after an uptrend or within a corrective bounce during a downtrend.

A rising wedge, where price grinds higher within narrowing bounds, is traditionally read as a bearish signal, often appearing after an uptrend or within a corrective bounce during a downtrend. A falling wedge, where price grinds lower within narrowing bounds, is traditionally read as a bullish signal, appearing after a downtrend or within a pullback during an uptrend.

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Contracting volatility: Like triangles, wedges reflect a narrowing trading range, but the shared directional slope is the defining feature.
Volume: Volume commonly diminishes as the wedge develops, a pattern often viewed as consistent with fading conviction behind the move.
Breakout direction: The traditional expectation is a break counter to the wedge's slope, though this is a tendency rather than a rule.

Wedges can appear as either reversal or continuation patterns depending on where they form in the broader trend, so context is important, and as with all chart patterns, the anticipated breakout direction should be confirmed by price rather than assumed in advance.

Lesson 12 of 22 in Chart patterns

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MarketPro is a trading-signal and trading-education app operated by Harajuku Holdings LTD (Cyprus). Our signal desk publishes and tracks every trade idea in-app, and every page here is checked against the app's live behaviour before publishing. Last reviewed 15 September 2026. How we produce signals and content · About MarketPro

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