How Do You Define Wedge?
A pitcher is a price pattern that is marked by a changing train line on a price chart. Two trend lines were developed to connect the respective heights and bottoms of the price range from 10 to 50 periods. The lines show that they are going up and down or down and at different speeds, giving the impression of a pitcher as they approach the abyss of the line. The wedge-shaped trend line is seen by technical analysts as a useful indicator of a possible reversal in price action.
- Corner patterns are usually noticeable by changing trend lines in 10 to 50 trading periods.
- Depending on the direction, the model can be viewed from an up or down angle.
- These models have an excellent track record of predicting price reversals.
Meanings of Wedge
Save it in place with a wedge.
Power in the smallest space.
A piece of wood, metal, or other material that is thick in length and has a topping on a thin edge that is pressed between two objects or parts of an object to secure or separate it.
Prepare for use by cutting, kneading and discarding to adjust and remove air pockets.
Sentences of Wedge
The door is stuck
I put the bag in the back seat
The anchor consists of a cast iron support plate and a special wedge to secure the rope to the anchor cabinet.
Synonyms of Wedge
tapered block, ram, pack, crush, jam, chock, thrust, push, cram, force, squeeze, door stop, stow