All patterns
Quasar-62 › BNBUSD (BNB / US Dollar) · Daily
Rising Wedge
Breakout confirmedBearish
Quality85%
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This pattern's track record
On the Daily chart
33%
Target reached after breakout
- Breakout rate
- 78%
- Reached half the target
- 53%
- Average time to target
- 39.1 days
- Cases
- 200 resolved cases
All timeframes
34%
Target reached after breakout
- Breakout rate
- 78%
- Reached half the target
- 54%
- Average time to target
- 14 days
- Cases
- 683 resolved cases
What is this pattern?
Highs and lows both rise, but lows rise faster so the channel narrows. A close below the lower line usually targets the area where the wedge began.
A close above the last high invalidates the pattern.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.