Descending Triangle

prince12diol prince12diol USDJPY, D, Long , 16 hours ago
USDJPY: USDJPY Long oppourtunity
48 0 6
USDJPY, D Long
USDJPY Long oppourtunity

Market is closing on to a decision point. Major support and resistance level retests. ABCD pattern completion right at the killzone. Looking to buy this up of all falls into place. On the other hand market is putting in a good descending triangle which opposes the buy signal. This is where your trading plan comes into play. Trade what you see guys AKA what you ...

lackjunkie lackjunkie GBPJPY, W, 2 days ago
GBPJPY: Weekly GJ Descending Triangle
79 0 4
GBPJPY, W
Weekly GJ Descending Triangle

look the chart and comment with your opinion. no recommandation

WaveExpert WaveExpert PRO EURCHF, D, a month ago
EURCHF: Understand it First then Trade this Setup!
731 4 31
EURCHF, D
Understand it First then Trade this Setup!

Hello Guys, Lets take a look at EURCHF, If you look at 4h its currently in symmetrical form which expectedly going to turn into descending triangle. Now Here is a thing which you need to know, if it turn into DSC then it will have chances of breaking in both side, basically its a continuation pattern (commonly) but reversal cases also seen in market! So in that ...

chartwatchers chartwatchers PRO XAUUSD, D, Long , 3 months ago
XAUUSD: GOLD - MAKE ACCOUNT GREAT AGAIN
11917 252 77
XAUUSD, D Long
GOLD - MAKE ACCOUNT GREAT AGAIN

I told you a week ago there is a big chance this is going to be a second Brexit event... I got a lot of attack again but at the end of the day it was a nice long trade , and it is still a nice long trade. I'm hunting for big gains. I'm not interested in the short term 5-10$ gains in gold. This vehicle is so volatile that more often than not you lose if you try to ...

how_to_trade_sa how_to_trade_sa USDZAR, D, Short , 4 days ago
USDZAR: Are we going to R9.4 to the Dollar? Within a year from today?
80 0 6
USDZAR, D Short
Are we going to R9.4 to the Dollar? Within a year from today?

Let's cut our pessimistic views of South Africa and just look at the chart. Both the 200MA and 50 MA pointing downards. No signs of a RSI divergence. Crossed the 13 line of value / resistance Head and shoulders / Descending triangle target is 9.41 Retest of the 13 and rejected

MattWalz MattWalz EURCHF, 240, 5 days ago
EURCHF: EURCHF price being squeezed
18 0 7
EURCHF, 240
EURCHF price being squeezed

Price is currently forming a descending triangle pattern. Although this is a bearish price action pattern, we need to see a break of the zone before confirming. Therefore, it is safe to say there are 2 possible outcomes to price this week. Look for a break and retest of either the TL before going long to the next resistance or a break and retest of the weekly ...

nikitafen46 nikitafen46 EURCHF, D, Short , 5 days ago
EURCHF: EURCHF Long Term Forming Descending Triangle
20 0 2
EURCHF, D Short
EURCHF Long Term Forming Descending Triangle

Pretty simple setup, if you only have the patience for it. I really don't care to wait for this, and I'm certainly not buying the Euro now, but it can drop now or after several more retests. I'm just going to post this and leave it here, and see what becomes of it.

nikitafen46 nikitafen46 GBPCAD, 240, Short , 6 days ago
GBPCAD: GBPCAD Bearish off Another Resistance Rejection
33 0 6
GBPCAD, 240 Short
GBPCAD Bearish off Another Resistance Rejection

This pair has met this resistance trendline yet again, for probably the 9th time. Additionally, the structure also represents a descending triangle... And we all know that descending triangles are bearish continuation signals. In this scheme, it will be a reversal signal it seems. I am targeting price just above 1.62225 - which is an area of previous support.

FaisalAlSawadi FaisalAlSawadi PRO NZDCAD, 60, Long , 6 days ago
NZDCAD: Busted descending triangle
110 0 5
NZDCAD, 60 Long
Busted descending triangle

The pattern reversed to be a "Busted Descending Triangle" to whom to want to reverse the trade and go long..

nikitafen46 nikitafen46 NZDCAD, 60, Short , 7 days ago
NZDCAD: Two Steps...Move to the Right NZDCAD Descending Triangle
37 0 10
NZDCAD, 60 Short
Two Steps...Move to the Right NZDCAD Descending Triangle

Had to move this setup to the right and adjust everything. NZDCAD has now formed 5 consecutive lower highs, while maintaining a support at 0.9393 area. Descending triangle as well, obviously. Check previous NZDCAD post if you don't understand the title lol.

princeroro34 princeroro34 PRO NZDCAD, 60, Short , 22 days ago
NZDCAD: NZDCAD possible sell
17 0 5
NZDCAD, 60 Short
NZDCAD possible sell

Descending triangle possible sell at the point "d" to the point "e" 1st target @0.94900 2d target @0.94450

TradeItSimple TradeItSimple USDJPY, D, Short , a month ago
USDJPY: Descending triangle on USD/JPY
72 0 6
USDJPY, D Short
Descending triangle on USD/JPY

FX:USDJPY After the initial rejection from the potential double bottom neckline the rate has fallen down to test the support at 112.20 again, therefore, invalidating my bullish bias. I am now looking at this as a descending triangle or a box-range set-up and I am looking for a break below the support to enter new short positions. Remember it can still turn ...

QuileHills QuileHills GBPCAD, 240, Short , a month ago
GBPCAD: GBPCAD Descending Triangle at Trend Resistance
93 0 9
GBPCAD, 240 Short
GBPCAD Descending Triangle at Trend Resistance

GBPCAD is forming a descending triangle near the intersection of its trend resistance (red line), shorter term trend support (blue line), and the structural resistance formed by the range the pair maintained from November to early January. I've positioned myself with a sell stop order below the bottom of the descending triangle in order to catch a bearish break, ...

swingtraderz swingtraderz PRO FSLR, D, Long , 6 days ago
FSLR: $FSLR, Buy on a descending triangle, TP 42.50, sl 33.25$
24 0 4
FSLR, D Long
$FSLR, Buy on a descending triangle, TP 42.50, sl 33.25$

$FSLR, Buy on a descending triangle, TP 42.50, sl 33.25$

ZARS ZARS CADJPY, D, Short , 6 days ago
CADJPY: Bearish cadjpy
18 0 5
CADJPY, D Short
Bearish cadjpy

We have a descending triangle. Expect more down movement after rejection of our zone

mologna mologna T, 60, Short , 6 days ago
T: AT&T at descending triangle resistance line
17 0 3
T, 60 Short
AT&T at descending triangle resistance line

AT&T is currently forming a descending triangle pattern (look at weekly / daily charts for confirmation). It is also at the resistance line for the descending pattern on the hourly chart. Wait for break of convergence pattern below and then enter short. Set your stop loss slightly above the middle of the convergence pattern to avoid false breakouts, and set your ...

FxGeneral876 FxGeneral876 EURCHF, 240, Short , 6 days ago
EURCHF: EURCHF Descending Triangle
19 0 4
EURCHF, 240 Short
EURCHF Descending Triangle

Watch for break and retrace back to bottom of trendline support. Good Luck!

FaisalAlSawadi FaisalAlSawadi PRO NZDCAD, 60, Short , 6 days ago
NZDCAD: Breakout of descending triangle
28 0 8
NZDCAD, 60 Short
Breakout of descending triangle

Short entry after breaking the continuation pattern (Descending triangle)..

123456... Show More Ideas
Market
Interval
Browse
Time
Author
Widgets
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out