FUTUBULL Help Center-Broadening wedge top
English
Back
Open Account

Broadening wedge top

1. Introduction

Broadening Wedge Top is a bearish pattern that indicates the current upward trend may reverse and form a new downward trend.


2. Feature

2.1 The pattern has three tops and two bottoms;

2.2 The latest top is higher than the previous one, and the latest bottom is lower than the previous one;

2.3 The price has recently dropped below the previous two bottoms.

Market Insights
Middle East conflict spreads to the stock market! How should investors respond?
The US-Iran situation has taken a positive turn as Trump announced a two-week suspension of military actions against Iran. Both sides have a Show More