Courses / Chart Patterns Masterclass

Descending Triangle

A flat support with falling highs: sellers pressing on a floor.

A descending triangle has a horizontal bottom and a falling upper trendline. Sellers are getting more aggressive while buyers defend a single price.

It most often breaks downward, especially in a downtrend. Entry is on a close below the flat support, ideally on a retest.

The target is the triangle height projected down. A stop above the last lower high limits risk.

Key takeaways

• Flat support plus lower highs
• Usually bearish, especially in a downtrend
• Retest entries reduce risk

Quiz

• A descending triangle has: Answer: A flat bottom and falling highs. Horizontal support and lower highs.
• It most often breaks: Answer: Downward. Usually downward.
• The stop goes above the: Answer: Last lower high. A break above the last lower high fails it.

Educational content, not financial advice.