Descending Triangle Pattern – How To Trade Like A Pro (2019)
Descending Triangle Pattern – How To Trade Like A Pro (2019)
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A new week – a new lesson on trading patterns! As we are slowly getting to know more and more of them, this time meet the Descending Triangle pattern. 📈 The descending triangle pattern is formed by two trend lines: a horizontal one (support) and a descending one. To recognize it on a chart, you should look for two reaction lows of similar magnitude and two reaction highs, each declining in price over time. With the descending triangle pattern, both upward and downward breakouts can occur, thoug
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