Patterns › Descending triangle
Chart patterns
Descending triangle
A flat floor and falling ceiling squeeze together, then price breaks down.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 8 | 50% | 38% | 12% |
| United States | 3 | 67% | 33% | 0% |
| Japan | 5 | 40% | 60% | 0% |
| Crypto | 71 | 31% | 63% | 6% |
| Forex | 8 | 50% | 50% | 0% |
| Commodities | 4 | 25% | 50% | 25% |
Counted on real past charts by the Trading Class research engine, 99 cases in all. Past odds, not a forecast.
How to practise it
Where are the two lines? Then decide: buy, sell, or wait? In the app, 36 real examples of the descending triangle wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: Descending triangle.
Related
Double bottom · Double top · Head and shoulders · Inverse head and shoulders · Ascending triangle · Symmetrical triangle · Rising wedge · Falling wedge