A chart pattern characterized by rapidly rising lows that converge on more gradually increasing highs, resulting in an upward sloping wedge pattern. Technicians view an inclining wedge as a neutral indicator and will place orders above and below the trend lines drawn along the tops and bottoms of the wedge and play the one that gets filled on the breakout.
Browse by Subjects
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):