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Rising wedge pattern is a bearish chart formation that may signal weakening upward momentum and a possible price reversal. It forms when price makes higher highs and higher lows between two converging upward trendlines. Traders often watch for a break below the lower support line as confirmation. Understanding this pattern can help identify potential entries, stop-loss levels, price targets, and risk. For better decisions, traders should combine it with volume, trend analysis, and risk management.
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