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Descending Broadening Wedge
BULLISH REVERSAL. Lines fall but diverge with rising volatility. Upside break can be explosive.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: Medium
- Timeframes: 1H, 4H, D
- Reversal Pattern · Bullish
How to Trade
- Identify decreasing lows and decreasing but diverging highs
- Entry: buy on upside break of the upper line with high volume
- Stop Loss: below the last low of the pattern
- Take Profit: pattern height projected upward
- Confirmation: strong close above resistance