Works much like a Bearish rising Wedge...
A rising formation breaks out downward 70% of the
For downward breakouts:
The lowest price in the formation is the minimum price move to expect.
For upward breakouts:
The formation height is added to the breakout
If a stock shows a partial rise and begins to head back toward
the lower trend line, consider selling short.
More info on Ascending Broadening Wedge http://thepatternsite.com/abw.html