geradomx

geradomx

Another example of an ascending triangle just in the hoven. We will see very soon the breakout of the top, but not without going down first. Volume speaks by itself.

geradomx

What is a descending triangle? The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns, but just that´s not the case.