If it does play out to be an ascending broadening wedge it would need to put in another peak and valley . So to dumb it down breaking above the upper trendline is bullish and breaking below the lower trendline of the meagaphone is bearish.
the statistics of the patterns tradability and reliability are in the link I posted to Toms website.
cheers h00t .
Best charts for none T/A types are either simple line charts ( closing price )
or Heikin Ashi charts ( blended candles to remove the noise - see below .
If it does play out to be an ascending broadening wedge it would...
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