The Wheel is one of the ancient symbols within the Tarot, that comes from many other sources when the cards were first devised and became popular, in 15th Century Italy. There are a lot of “woodcut” engravings of the time showing the Wheel, with the rich and poor people rising and falling in its grand cycle of life.
So this tarot card has the meaning of “fate and fortune”. However, in practical terms, in a tarot card reading, it means ‘things will change in a cycle’. What was past may return, and the future may be a lot like the past. It is important – particularly if this card appears with the Moon and about a negative situation – to make significant changes to escape being dragged down by the Wheel.