Wedge
Wedge in Elliott Wave Theory: A converging price pattern that narrows over time. In Elliott Wave context, wedges are classified as diagonal patterns. They signal exhaustion when appearing in Wave 5 or C, and trend initiation when appearing in Wave 1 or A.
What Wedge Means
A converging price pattern that narrows over time. In Elliott Wave context, wedges are classified as diagonal patterns. They signal exhaustion when appearing in Wave 5 or C, and trend initiation when appearing in Wave 1 or A.
Where You'll See It
Wedge appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the pattern family of Elliott Wave concepts and shows up most often when analysts are identifying a specific wave pattern (diagonal, ending diagonal, leading diagonal, triangle subtype, etc.).
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments