
Technical | Analysis page 354 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 15 Bar Chart Patterns 325 BOX 15.8 TRADING WEDGES It pays to wait for that breakout and to act immediately on it. In addition, because wedges have such a high percentage of breakouts in the direction opposite from the wedge direction, the direction of breakout is clear once the wedge is…