AkashGaur

Educational post - Difference between a wedge and a triangle

Éducation
FX:USDNOK   U.S. Dollar/Norwegian Krone
Hey guys this is a very short educational post on two of the most commonly found chart patterns in the market. These are often mistaken and confused even by experienced traders. Here we have a rising wedge and a bearish triangle both are bearish in nature. However one is a reversal pattern and the other is a trend continuation pattern
Example of a wedge

Example of a bearish trianlge

I hope you guys found this beneficial. Next time we shall talk about bullish variations of these two patterns with examples.
Cheers


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.