You measure a rising wedge by taking the vertical distance between the upper and lower trendlines at the widest point, then projecting that height downward from the breakout point to set the price target.
For example, a wedge spanning $100 to $90 has a $10 height, so a breakdown at $90 targets $80.
Refine the target with prior support zones, Fibonacci levels, or major moving averages that line up with the projected move. Place the stop-loss above the most recent swing high inside the wedge to keep risk defined and the trade structure clean.
How to measure a Rising Wedge?
LearnApr 30, 2026
Timothy Cahill
by Timothy Cahill
•
1 min read
Start Your Trading Journal Today
Track every trade, analyze your performance, and become a better trader.