Descending Triangle Reversal Pattern—Top
This pattern emerges when volume declines and new stock price highs are limited. The pattern indicates that the bullish phase is ending. The trading period begins when the descending triangle reversal pattern is revealed ahead of the breakout.
investopedia.com/terms/d/descendingtriangle.asp
investopedia.com/terms/d/descendingtriangle.asp
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.