Wedge
A pattern of converging trendlines that slope the same way. Rising wedges often break down and falling wedges often break up.
Related terms
Triangle pattern
Converging trendlines (ascending, descending or symmetrical)…
Candlestick
A chart bar showing the open, high, low and close for a period.…
Doji
A candle whose open and close are almost equal, showing indecision.
Double bottom
Two lows at a similar level with a rally between. A break above…
Double top
Two highs at a similar level with a dip between. A break below the…
Engulfing pattern
A candle whose body completely covers the previous candle’s body…