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.