The bullish wedge pattern. Could you explain me better?

Sure! The bullish wedge pattern is a technical analysis chart pattern that indicates a potential trend reversal in financial markets. It is formed by two trend lines, one connecting the highs and one connecting the lows of a price series. The pattern shows that the highs and lows are either rising or falling at differing rates, giving the appearance of a wedge as the lines approach a convergence. This pattern is considered a bullish signal, indicating a potential reversal from a downtrend to an uptrend.

The bullish wedge pattern is characterized by a series of highs and lows that converge towards a single point, known as the apex. The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal.

When the price breaks out above the upper trend line, it is a signal that the bullish wedge pattern has completed and the price is likely to continue rising. Traders can make bullish trades after the breakout by buying the security or using derivatives such as futures or options, depending on the security being charted. These trades would seek to profit on the potential that prices will rise.