The Rising Wedge is a bearish chart pattern in technical analysis characterized by converging trendlines that slope upwards; it typically indicates a potential reversal in an uptrend, as the price forms higher highs and higher lows within a narrowing price range, suggesting weakening buying pressure and a potential future downtrend
1–2 minutes
This post focuses on customizable factory scans associated with Rising Wedge classical chart pattern. These factory scans can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.
