It looks like Megaphone, Usually the price is hitting higher highs on the top resistance line and higher lows on the bottom support line.
Easily spot at the top of the trend.
How to trade it?
For downward breakouts, use the lowest valley in the pattern as the target. For upward breakouts, consider the difference between highest and lowest valley as height for the target from the highest valley price.
Since the bottom trendline slopes upward, do not short this pattern at the top trendline. Go long at the bottom when price bounces off the bottom trendline.
Short it below the lowest valley
Easily spot at the top of the trend.
How to trade it?
For downward breakouts, use the lowest valley in the pattern as the target. For upward breakouts, consider the difference between highest and lowest valley as height for the target from the highest valley price.
Since the bottom trendline slopes upward, do not short this pattern at the top trendline. Go long at the bottom when price bounces off the bottom trendline.
Short it below the lowest valley