1.breakouts may fail
2.pullbacks may never come
3.pullbacks might become reversals
4.confirmation may be too late
5.you don’t need perfect entries
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Descending Triangle Definition:
A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high.
It is defined by two lines:
. A horizontal support line running through valleys.
. A Downtrend line drawn through the peaks.
The lower highs indicate...
