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Tag: Descending Triangle

Descending Triangle

The descending triangle is a chart pattern formation that often signals a bearish trend. It is characterized by a series of lower highs and a horizontal support level. The upper side of the triangle is formed by a descending trend

Symmetrical Triangle

A symmetrical triangle is a technical chart pattern that indicates a period of indecision or consolidation in the market. Hence, it is known as a continuation pattern. It is characterized by two converging trend lines, one sloping upwards and the

Descending Triangle

The descending triangle is a chart pattern formation that often signals a bearish trend. It is characterized by a series of lower highs and a horizontal support level. The upper side of the triangle is formed by a descending trend

Symmetrical Triangle

A symmetrical triangle is a technical chart pattern that indicates a period of indecision or consolidation in the market. Hence, it is known as a continuation pattern. It is characterized by two converging trend lines, one sloping upwards and the

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