Descending Triangle Pattern | Bearish Continuation Pattern | How to Trade Descending Triangles

𝐃𝐞𝐬𝐜𝐞𝐧𝐝𝐢𝐧𝐠 𝐓𝐫𝐢𝐚𝐧𝐠𝐥𝐞 𝐏𝐚𝐭𝐭𝐞𝐫𝐧 📉

A descending triangle pattern is a bearish continuation pattern that forms when the price action creates a series of lower highs 📉 and a horizontal support line. The pattern indicates that sellers are gaining strength 💪, pushing the price down while buyers are unable to maintain upward momentum 🚫. As the pattern develops, the price typically narrows between the descending trend line and the support level 📏, often leading to a breakout below the support 🔽. Traders often look for this pattern as a signal to enter short positions 📉, anticipating further declines in price 📉.

🌟𝑻𝒐 𝒂𝒄𝒄𝒆𝒔𝒔 𝒑𝒓𝒆𝒎𝒊𝒖𝒎 𝒔𝒊𝒈𝒏𝒂𝒍𝒔, 𝒑𝒍𝒆𝒂𝒔𝒆 𝒔𝒖𝒃𝒔𝒄𝒓𝒊𝒃𝒆 𝒕𝒐 𝒐𝒖𝒓 𝒔𝒆𝒓𝒗𝒊𝒄𝒆𝒔. ✅
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🌟𝑻𝒐 𝒓𝒆𝒄𝒆𝒊𝒗𝒆 𝒑𝒆𝒓𝒔𝒐𝒏𝒂𝒍𝒊𝒛𝒆𝒅 1-𝒐𝒏-1 𝒂𝒅𝒗𝒊𝒔𝒐𝒓𝒚 𝒔𝒆𝒓𝒗𝒊𝒄𝒆𝒔, 𝒑𝒍𝒆𝒂𝒔𝒆 𝒔𝒖𝒃𝒔𝒄𝒓𝒊𝒃𝒆. ✅
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