AI Pattern Search Engine

Screener of Forex Bearish Broadening Top
AI Pattern Search Engine (PSE)

Operating the Pattern Search Engine is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
14-day FREE trial subscription
Try for free
$30/month afterwards

How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Pattern Types and Stats



Broadening Top

Broadening Top pattern

The Broadening Top pattern forms when a security price makes higher highs (1, 3, 5) and lower lows (2, 4) following two widening trend lines. The price is expected to move up or down past the pattern depending on which line is broken first. What distinguishes a Broadening Top from a Broadening Bottom is that the price of the security is rising prior to entering the pattern formation.

This type of formation happens when volatility is high or increasing, and when a security’s price is moving with high volatility but little or no direction. It indicates growing investor nervousness and indecisiveness.

Trade Idea

If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the target price by subtracting the pattern height from breakout point. The pattern height is difference between the pattern’s highest high and its lowest low.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.

Broadening Top (Bearish)
RUBAUD Russia Ruble - Australian Dollar
Forex
ODDS FOR THIS TICKER: 41%
Aug 19
Aug 20
32%
4%
Broadening Top (Bearish)
GBPEUR United Kingdom Pound - Euro
Forex
ODDS FOR THIS TICKER: 42%
Aug 9
Aug 10
34%
3%
Broadening Top (Bearish)
RUBUSD Russia Ruble - United States Dollar
Forex
ODDS FOR THIS TICKER: 28%
Aug 5
N/A
34%
4%
Broadening Top (Bearish)
EURAUD Euro - Australian Dollaro
Forex
ODDS FOR THIS TICKER: 21%
Aug 23
N/A
31%
4%
Broadening Top (Bearish)
GBPRUB United Kingdom Pound - Russia Ruble
Forex
ODDS FOR THIS TICKER: 36%
Mar 25
Jun 18
31%
4%