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Ascending Broadening Wedge
BEARISH REVERSAL pattern in mature uptrend. Both lines rise but diverge creating growing volatility. The break below the lower line triggers a strong correction. Stop Loss above the last high, target = wedge height projected downward.
By the TradingCalculator.Pro team · Updated on · About us
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- Reliability: High
- Timeframes: 1H, 4H, D
- Reversal Pattern · Bearish
How to Trade
- Entry 1: buy on handle resistance breakout
- Entry 2: confirmation on retest of the lower line
- Stop loss above last high
- Take Profit 1 and 2: project triangle height
- Target: pattern height