SELL ENTRIES IN A DESCENDING TRIANGLE FORMATION A descending triangle is a bearish chart pattern that is used in a downtrend market and is formed by a series of lower highs and a lower resistance level. The descending triangle is formed from two trendlines, one for high prices and one for lows. The upper trendline of the triangle is a descending trendline, while the lower trendline is a horizontal trendline. The resulting shape is a right triangle whose hypotenuse moves downward over time. More
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SELL ENTRIES IN A DESCENDING TRIANGLE FORMATION A descending triangle is a bearish chart pattern that is used in a downtrend market and is formed by a series
Forex Optimal. 1RMAX · Trust The Process. SELL ENTRIES IN A DESCENDING TRIANGLE FORMATION A descending triangle is a bearish chart pattern that is used in a downtrend market and is formed by a series of lower highs and a lower resistance level. The descending triangle is formed from two trendlines, one for high prices and one for lows. The ...
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