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Descending Triangle. [ Ссылка ] PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Let's see what defines a descending triangle chart pattern. We have a flat base with the triangle converging to a point. This applies whether you are scalping, day trading or swing trading and in multiple assets.
As you might expect, the descending triangle is the exact reverse of the ascending triangle, and is a bearish pattern whenever it is seen. Usually it will be seen in the context of a downtrend, and therefore it is regarded as a continuation pattern.
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