Right-Angled Broadening (Descending)
A flat upper line and a falling lower line; breaks either way.
The descending version: the highs stall at the same level while the lows keep falling.
Both directions occur often.
How we define it
- Sloping lines: drawn through swing highs or lows with distinct touches (at least 3 candles apart) within about 0.4 ATR; no swing pokes through a line and no close is outside it before the break
- Upper line horizontal, lower line falling; at least 6 touches in total (3 on one line); the range widens by at least 60%
- Minimum length: 2 months on 1D, 3 months on 1W, 10 days on 4H
- Breakout (up) / breakdown (down): the first candle close beyond the boundary by at least 3% on 1D and 1W (1.5% on 4H)
- Failed breaks: a breakout or breakdown that closes back inside the boundary within 6 candles on 4H, 5 on 1D or 3 on 1W is removed from the list
- Trend filter: breakouts only above the 200-period EMA (40-week EMA on 1W), breakdowns only below it
- Watchlist: the pattern is complete but unbroken and price is within 3% (or 1 ATR, at most 6%) of the boundary
No recent breakout or breakdown
No right-angled broadening (descending) has completed recently. See all patterns.
Nothing on the watchlist
No mature right-angled broadening (descending) is close to its breakout or breakdown level right now.