US Dollar/Norwegian Krone
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Educational post - Difference between a wedge and a triangle

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Hey guys this is a very short educational post on two of the most commonly found chart patterns in the market. These are often mistaken and confused even by experienced traders. Here we have a rising wedge and a bearish triangle both are bearish in nature. However one is a reversal pattern and the other is a trend continuation pattern
Example of a wedge
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Example of a bearish trianlge
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I hope you guys found this beneficial. Next time we shall talk about bullish variations of these two patterns with examples.
Cheers

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