Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...

Article Summary: Breakout and Reversal price action patterns are very helpful to traders new and experienced. The reason for their helpfulness is that once a currency pair has shown its hand and taken ...

In the Chart Patterns one of the types is the Broadening Bottom and Broadening Top Pattern. The Pattern forms a megaphone-like appearance with higher highs and higher lows that widen over the time.

In technical analysis, chart patterns play a vital role in understanding the current state of the stock and predict its prospect with regards to the market. The "broadening bottom" and "broadening top ...