AkashGaur

Educational post - Difference between a wedge and a triangle

Formación
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


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.