WEDGE


Meaning of WEDGE in English

A chart pattern composed of two converging lines connecting peaks and troughs which, in the case of falling wedges, indicates temporary interruptions of upward price rallies and, in the case of rising wedges, indicates interruptions of a falling price trend .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.