
Technical | Analysis page 352 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 15 Bar Chart Patterns 323 downward reversal will have a lesser slope than the underlying trend line, and if projected into the future, it will eventually meet the trend line. This new configuration of channel and trend line is a rising wedge. It suggests, in the example, that sellers have…