Rising wedge
A rising wedge forms when price moves upward between converging trendlines, with the lower boundary rising more steeply than the upper boundary. It is commonly interpreted as a bearish reversal or continuation pattern, depending on the preceding trend, but a downward break is not assured.
In a hypothetical chart, price keeps making higher highs and higher lows, but the upward range narrows before price falls below its lower boundary.
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