wedge

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Wedge

A chart pattern composed of two converging lines connecting peaks and troughs. In the case of falling wedges, the pattern indicates temporary interruptions of upward price rallies. In the case of rising wedges, indicates interruptions of a falling price trend.

Triangle

In technical analysis, a series of high and low prices for a security that, when plotted on a chart, looks vaguely like a triangle. A triangle indicates that investors do not know whether a bull market or a bear market will prevail. If the triangle breaks upward, it is a bullish sign, but if it breaks downward, it is a bearish sign. A triangle is also called a wedge. See also: Ascending sign, Descending sign.

wedge

See triangle.
References in periodicals archive ?
First, they placed charged, 1-micrometer latex spheres in water and watched as the particles arranged themselves into a crystal-like structure wedged into the space where an air bubble met a solid surface.
The concourse is sheltered by a red ribbed canopy, like a long tongue wedged into the side of the building.