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Bearish Broadening Triangle (Continuation)
BEARISH CONTINUATION pattern. Volatile pause in a clear downtrend before resuming the drop. The downward break confirms continuation with target equal to pattern height.
By the TradingCalculator.Pro team · Updated on · About us
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- Reliability: High
- Timeframes: 1H, 4H, D
- Continuation Pattern · Bearish
How to Trade
- Entry 1: sell on bearish breakout of the lower line
- Entry 2: sell on confirmed retest
- Stop loss above last high
- Take Profit 1 and 2: project triangle height
- Target: pattern height