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Descending Triangle
Bearish continuation pattern with flat support line and descending resistance line.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: Medium-High
- Timeframes: 1H, 4H, D
- Continuation Pattern · Bearish
How to Trade
- Identify flat support with descending highs
- Wait for support breakdown with volume
- Entry 1: entry on support breakdown
- Entry 2: entry on pullback after breakdown
- Stop Loss 1 and 2 above triangle
- Take Profit 1 and 2: project triangle height