Forecast of downtrend and descending triangular breakout

By alex29cdo
Updated
This could be a load of rubbish as we all know but if the current trend proves to be a consistent trend that we have all seen with triangles, this looks like the most viable way of a downtrend we can predict... hopefully we can see a breakout today from the descending triangle, the ghost pattern I have put on is for visual aid only.
Trade closed: target reached
Target of fifth touch has been reached, if true to the trend it should breakout to the downside and short position in force
Chart PatternsTrend Analysis

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