Chart pattern · Reversal · Neutral
What is it, in one line
Diverging trendlines, with price making both higher highs and lower lows, widening rather than compressing.
Neutral · Reversal · verdict: Traditional claim, not yet measured here
Diverging trendlines, with price making both higher highs and lower lows, widening rather than compressing.
Method
Conventional target: No standard projection; the pattern signals rising volatility more than a specific target.
Invalidated by: A move that stops widening and reverses back inside the range ends the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.