Descending Triangle Pattern
A flat floor with a falling ceiling — sellers accepting less each time until the support gives way.
Price bounces off nearly the same low repeatedly while every rally tops out lower than the one before. A horizontal line under the lows and a falling line over the highs close together to the right.
Why it forms
A standing bid holds the floor, but sellers keep cutting their asking price to hit it. Each lower high says the buyers who were willing to pay up have gone. When the bid is filled or pulled, price drops through the floor.
🎯 Trigger
📏 Target
🛑 Invalidation
Is a descending triangle always bearish?
What is the difference between a descending triangle and a falling wedge?
How reliable is a descending triangle?
How these are found: swing highs and lows are picked out with a percentage ZigZag on daily and weekly candles, and the boundaries are line-fitted through those swings. A formation is only published when the fit is tight, the boundaries are actually touched several times, and the price action stays inside them. The most recent swing is provisional, so a forming pattern can still change shape on the next candle, and patterns whose break already played out are dropped rather than shown as fresh. Levels and targets are the textbook measured moves, not forecasts. This is auto-generated market data, not investment advice.