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The industry’s
most important terms explained.

‘Discover a wealth of financial terms and definitions that every trader should know.’

Forex Glossary

    W

    Wedge Chart Pattern
    Chart formation that shows a narrowing price range over time, where price highs in an ascending wedge are incrementally less, or in a descending wedge, price declines are incrementally smaller. Ascending wedges typically conclude with a downside breakout, and descending wedges typically terminate with upside breakouts.