the descending triangle is formed in the downtrend and indicates the continuation of the downtrend.
It is formed as a downward sloping triangle with support and a slope of lower highs.
The support does not allow the prices of the securities to move more downward.
The lower highs show that the selling pressure has increased.
This pattern clearly indicates that the market moving lower as the lower highs are formed heading toward the support line.
This indicates the strength of bears and they are willing to sell more for the stock.
It is formed as a downward sloping triangle with support and a slope of lower highs.
The support does not allow the prices of the securities to move more downward.
The lower highs show that the selling pressure has increased.
This pattern clearly indicates that the market moving lower as the lower highs are formed heading toward the support line.
This indicates the strength of bears and they are willing to sell more for the stock.