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Right-Angled Broadening Ascending

The Right-Angled Broadening Ascending has a horizontal lower boundary and upward-sloping upper boundary, expanding.

Flat bottom + Rising topFlat bottomBroadening Rectangle Ascending: Flat bottom + Rising top → Two-way

Pattern Details

Category

bilateral

Success Rate

59%

Average Move

0%

Duration

2-6 weeks

Pattern Structure

Pattern Structure
Key components that define this chart pattern
  • 1
    Lower boundary: Horizontal
  • 2
    Upper boundary: Slopes upward
  • 3
    Expands in upward direction

Trading Rules

Trading Rules
Essential rules for trading this pattern successfully
  • ✓
    Wait for clear breakout
  • ✓
    Usually breaks upward
  • ✓
    Target = Height of the pattern
  • ✓
    Stop loss on opposite side of breakout
Trading Tips
  • Combines broadening and ascending
  • Rare pattern
  • Requires careful confirmation

Statistics

Breakout Statistics
Bullish Breakout59%
Bearish Breakout41%
Performance Metrics
Average Rise+11%
Average Decline-8%
Pullback Rate16%