Broadening Formation (Megaphone)

Rare pattern with expanding volatility. Higher highs and lower lows create megaphone shape. Shows chaos.

Trading Strategy

Dangerous pattern. Increased volatility. Wait for breakout. Usually bearish. Trade carefully.

How to Identify

• Expanding range over time
• Higher highs, lower lows
• Megaphone or trumpet shape
• Increasing volatility and uncertainty

Risk Management

With a 68% success probability, this pattern offers moderate reliability. Use smaller position sizes and require additional confirmation.