![]() ![]() ![]() The pattern is complete when the price reaches the support trend line after the third top. In simple words, we need three tops and two bottoms to form an Ascending Broadening Wedge pattern. To complete this pattern, we need at least five pivots. This situation does not apply to bottoms, which experience slightly higher prices on a gentle slope. But the slope of the resistance trend line is higher, so the tops rise faster. In this process, the price makes higher tops and higher bottoms. Both of these trend lines have a positive slope, but the slope of the resistance trend line is higher. The price is contained between two trendlines. The Ascending Broadening Wedge is a reversal pattern that forms at the end of upward trends. A broadening wedge is one of the most reliable classic reversal patterns.īy this pattern, you can earn good profits from the market. I can’t promise you will beat the Joker, but I’m sure you can be rich as Batman. You, too, can succeed financially if you give it your all. This pattern is responsible for about 20% of my overall cryptocurrency market earnings. I love using this pattern because when other traders are confused, I can make remarkable profits, which is a strong point in my analysis.Īnd you can join me in remarkable profits. Just learn what I tell you and introduce them to your trader friends. It is rare in the market, but you can easily recognize it when you see it. When the market is confused, this pattern can help.Ī Broadening Wedge usually forms at the end of uptrends and downtrends. You must be with Batman and the good forces in the battle between good and evil to take your profit from the market. The light appears and helps traders when the market is confused and does not know which direction to go. When the city of Gotham was in trouble, only one light was enough to calm the city and come to the aid of people that was Batman. Welcome to one of the essential classic patterns. ![]()
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