A Descending Triangle is usually a bearish continuation — a flat support line below with lower highs above. Sellers keep pressing until price breaks down through support.
How traders trade it
- Trade the breakdown below the flat base.
- Lower highs show building supply.
- Project the triangle height downward for a target.
See it in dtcharts
Scan for the descending triangle across markets in the dtcharts terminal — or draw it by hand with the charting tools.