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Oct 4, 2021 11:12 AM

Right Angled Ascending Broadening Wedge - Dollar Index Short

U.S. Dollar Currency IndexTVC

Description

Chart shows the possibility of Right Angled Ascending Broadening Wedge Chart Pattern and it's target.

A right-angled ascending broadening wedge is a downward reversal pattern. The pattern is formed by two diverging lines, the support is a horizontal line and the resistance is an oblique bullish one, so it is an inverted descending triangle. ... Each line must be touched at least twice to be validated.
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