What is the entry point for rising wedge?
Summary. … the rising wedge pattern signals a possible selling opportunity either after an uptrend or during an existing downtrend. … the entry (sell order) is placed either when the price breaks below the bottom side of the wedge or the price finds resistance at the lower trend line.
Summary. … the rising wedge pattern signals a possible selling opportunity either after an uptrend or during an existing downtrend. … the entry (sell order) is placed either when the price breaks below the bottom side of the wedge or the price finds resistance at the lower trend line.