A technical Analysis term used to describe a Chart on which lines that connect tops and bottoms converge towards each other but are both moving in the same direction. Similar to a Triangle, except that in a Triangle, the trends move in opposite directions, with the tops decreasing and the bottoms increasing. In a wedge, both lines have the same Trend (upward or downward) but have different slopes, leading to the Convergence. A falling Wedge is generally thought to be a rest during a period of upward Movement.
