Читать книгу Encyclopedia of Chart Patterns - Thomas N. Bulkowski - Страница 130
Downward Breakouts
Оглавление| Reversal or continuation | Short‐term bearish reversal |
| Performance rank | 18 out of 36 |
| Breakeven failure rate | 23% |
| Average drop | 15% |
| Volume trend | Upward |
| Pullbacks | 69% |
| Percentage meeting price target | 51% |
The right‐angled and descending broadening formation's name is a mouthful, but it describes a pattern with a flat top and price following a down‐sloping trend along the bottom.
The performance rank places it in the middle of the chart patterns I studied. The pattern favors an upward breakout almost twice as often as a downward one.
The above Results Snapshot shows performance about what you would expect from a mid‐list performer. Nothing appears that would blow the roof off the house. Volume trends upward throughout the pattern and that is unusual.
Let's take a scenic tour of the pattern.
