The descending triangle is recognized primarily in downtrends and is often thought of as a bearish signal.
It can form as a reversal pattern to an uptrend if BO above triangle line, but mostly seen as bearish continuation patterns.
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SERSOL
It can form as a reversal pattern to an uptrend if BO above triangle line, but mostly seen as bearish continuation patterns.
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r@ys@n
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.