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