The ascending broadening wedge occurs when prices make higher highs and higher lows; each high and low should occur at least three times to create the proper support (line drawn below the lows, sloping upward and to the right) and resistance (line drawn above the highs, sloping upward and to the right, even steeper than the support line).
A breakout occurs when prices breakout above the resistance line or breakout below the support line.
A breakout occurs when prices breakout above the resistance line or breakout below the support line.
Long islands are continuation patterns, which means that if prices before the pattern are in an uptrend, then prices should continue after the pattern upward.
Prices breakout above resistance about half the time and below support the other half of the time.
script : apollotyre timeframe : 15 minutes pattern : Bull flag