Glossary › descending triangle

Trading glossary · patterns

descending triangle

A chart shape where the bottom stays flat but the tops keep getting lower, squeezing price until it often breaks down.

The fuller meaning

A triangle with flat support and falling highs: sellers keep selling lower into a fixed floor. It completes on a close below support, and classic texts treat it as bearish, though it can break up. In this app its real-chart outcomes are measured, not promised.

descending triangle.

Related words

apex · ascending triangle · bear flag · bull flag · busted pattern · chart pattern · continuation · continuation pattern · converging lines · cup and handle