What is Descending Broadening Wedge Chart Pattern?

1 · Alla Traders · Oct. 17, 2022, 6:37 a.m.
Depending on the chart, the descending broadening wedge is a bullish trend reversal or bullish continuation chart pattern that features an expanding wave in the downward trend. It is a sign that the market is about to reverse its short-term bearish trend. Chart patterns are frequently used by retail traders to forecast the market. These ... Read more...