This mirrors one of technical analysis' most reliable warning signs, the rising wedge pattern. The formation shows prices climbing within an increasingly narrow channel, signaling that a bullish ...

A rising channel is considered to be bullish until a stock or index breaks down from the lower trend line of the pattern on higher-than-average volume. When that eventually happens, it could ...

Identifying patterns known as Wolfe Waves and Gartleys, however, can help predict these breakouts in terms of both their timing and scope (their proportion to the established channel). This ...