Descending Triangle
ChartBearish pattern with flat support and descending resistance. Lower highs show increasing selling pressure.
Success Probability: 78%
Pattern Visualization
How to Identify
- Flat horizontal support line
- Descending resistance line (lower highs)
- Lines converge forming triangle
- Breakdown below support confirms
Trading Tips
Bearish continuation. Short on support breakdown. Stop above recent high. Measure triangle height for target.
Bearish pattern with flat support and descending resistance. Lower highs show increasing selling pressure.
Trading Strategy
Bearish continuation. Short on support breakdown. Stop above recent high. Measure triangle height for target.
How to Identify
- Flat horizontal support line
- Descending resistance line (lower highs)
- Lines converge forming triangle
- Breakdown below support confirms
Risk Management
With a 78% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.