I'm still learning, any thoughts?

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Description

⋅ Mar 3, 2018 2:27 AM

My attempt at making ascending wedges, a bull flag, and trend lines.

Comment

⋅ Mar 3, 2018 3:36 AM

My attempt at making rising wedges , a bull flag , and trend lines .

Trend Analysis

Comments

astars111

⋅ Mar 3, 2018 3:34 AM

Those are not ascending wedges, they are rising wedges and are bearish patterns.

Jakkonnanako

⋅ Mar 3, 2018 3:35 AM

@astars111, Ahh okay, thank you!

astars111

⋅ Mar 3, 2018 3:38 AM

@Jakkonnanako, There are ascending wedges, symmetrical wedges and rising wedges. Ascending is when the wedge is falling down and is a bullish pattern. Rising wedges is when the wedge is going up, bearish pattern. and symmetrical wedge is when the wedge is going horizontal and a 50/50 outcome.