Scanner of Forex Bullish Wedge Rising
Real Time Patterns (RTP) V2
Operating the Real Time Patterns is easy and straightforward

  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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How It Works

Real-time pattern trading is the easiest way to find entry and exit prices if you can scan hundreds of FOREXs within minutes. It is definitely impossible for humans. Artificial Intelligence (A.I.) not only discovers these patterns, but also checks if they worked out well in the past. Knowing the success rate in the past allows A.I. to establish the odds of success in the future.

Pattern Types and Stats


Wedge Rising

Wedge Rising pattern

The Rising Wedge pattern forms when prices seem to be spiraling upward, and two upward sloping trend lines are created with the price hitting higher highs (1, 3, 5) and higher lows (2,4). The two pattern lines intersect to form an upward sloping triangle. Unlike Ascending Triangle patterns, however, both lines need to have a distinct upward slope, with the bottom line having a steeper slope.

This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control. However, there is a distinct possibility that market participants will either pour in or sell out, and the price can move up or down with big volumes (leading up to the breakout).

Trade Idea

If the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an Exit, add the pattern height to the breakout price level. The pattern height can be calculated by taking the difference between the highest high and the lowest low in the pattern.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Time frames No matter your trading strategy (day trading, swing, etc), we have patterns that will be ready to trade.

5 min
15 min
30 min
1 hour
4 hour
1 day
Wedge Rising (Bullish)
0.831300 CHF CURRENT PRICE

JPYCHF - Japan Yen - Switzerland Franc

STATUSEmerged
CURRENT CONFIDENCE52%
TARGET (EXIT) PRICE0.834154 CHF
BREAKOUT (ENTRY) PRICE0.832577 CHF
DISTANCE TO TARGET PRICE0.34% (285.4 pips)
EMERGED ONAug 09, 10:45 AM (UTC)
WITH CONFIDENCE LEVEL54%
Statistics for ‘Wedge Rising
40+
3050
26%
Wedge Rising (Bullish)
0.850800 EUR CURRENT PRICE

USDEUR - United States Dollar - Euro

STATUSEmerged
CURRENT CONFIDENCE52%
TARGET (EXIT) PRICE0.861000 EUR
BREAKOUT (ENTRY) PRICE0.835650 EUR
DISTANCE TO TARGET PRICE1.20% (102.0 pips)
EMERGED ONFeb 05, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Wedge Rising
40+
145
35%
Wedge Rising (Bullish)
0.700700 USD CURRENT PRICE

NZDUSD - New Zealand Dollar - United States Dollar

STATUSEmerged
CURRENT CONFIDENCE56%
TARGET (EXIT) PRICE0.748190 USD
BREAKOUT (ENTRY) PRICE0.726370 USD
DISTANCE TO TARGET PRICE6.78% (474.9 pips)
EMERGED ONJan 07, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Wedge Rising
40+
145
35%
Wedge Rising (Bullish)
1.498939 JPY CURRENT PRICE

RUBJPY - Russia Ruble - Japan Yen

STATUSEmerged
CURRENT CONFIDENCE51%
TARGET (EXIT) PRICE1.465630 JPY
BREAKOUT (ENTRY) PRICE1.382540 JPY
DISTANCE TO TARGET PRICETarget reached
EMERGED ONNov 26, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Wedge Rising
40+
145
35%

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