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Broadening wedge bottom

1. Introduction

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


2. Feature

2.1 The pattern has three bottoms and two tops.

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 surpassed the previous two tops.

Market Insights

Discussing

The tariff deferral period has been extended! How have trade policies in various countries evolved?
近日,美國總統特朗普表示「對等關稅」暫緩期從7月9日推遲至8月1日,並宣佈將從8月1日起對來自日本、韓國等14個國家的進口產品徵收25%-40%不等的關稅。7月12日,特朗普表示自8月1日起,將對墨西哥和歐盟徵收30%關稅。此前特朗普曾發文強調,8月1日起關稅將正式生效,再無延期 Show More