is a rising wedge pattern bullish or bearish 
usually a rising wedge pattern is bearish indicating that a stock that has been on the rise is on the verge of having a breakout reversal and therefore likely to slide the bottom linetraders using technical analysis rely on chart patterns to help make trading decisions particularly to help decide on entry and exit points there are many patterns that technical traders employ the wedge pattern being one of them this pattern employs two trend lines that connect the highs and lows of a price series indicating either a reversal or continuation of the trend 