Archive for June 16th, 2010

Successful Trading Chart Patterns – Part 3 of 7

Rising wedges are virtually always reversal patterns in an uptrend. Rising wedges represent the start of a more substantial reversal and can form into additional patterns, such as a rounding top. Hence, the targets after a breakout are limited. Volume is a necessary piece of information with the rising wedge is developing. Volume should be high on the …………

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