Descending Triangle
A coiling pattern with flat lower support and a declining upper trendline, typically resolving in a bearish breakdown.
A Descending Triangle shows horizontal support at the bottom being tested repeatedly, while the upper boundary makes lower highs — sellers are getting more aggressive.
The bearish bias derives from the lower highs. Confirmation is a close below the flat support. Target = pattern height projected downward from the breakdown.
Volume should dry up during the compression and surge on the breakdown. A throwback to broken support after the breakdown is common and often a better short-entry than the initial candle.
Related Terms
Ascending Triangle
A coiling pattern with a flat upper resistance line and rising lower trendline, typically resolving in a bullish breakout.
BeginnerBreakout Retest
Price returning to test the former breakout level after the initial break — a resistance-turned-support confirmation and lower-risk entry point.
BeginnerContinuation Pattern
Any pattern that forms mid-trend and resolves in the same direction as the prior move — flags, pennants, and triangles are the most common.
BeginnerFalling Wedge
Two converging downward-sloping trendlines where the upper line falls faster — a bullish pattern indicating downside momentum is fading.
IntermediateSymmetrical Triangle
Converging trendlines with lower highs and higher lows, signalling a coil of indecision that typically breaks in the direction of the prior trend.
BeginnerThrowback
A post-breakout pullback to the broken resistance level, which now acts as new support — a common re-entry opportunity in trending markets.
Beginner