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📊 Price Action·intermediate

Descending Triangle

A bearish continuation pattern with a flat bottom and falling top — sellers keep stepping in lower while buyers defend the same level.

A descending triangle is the bearish mirror of the ascending triangle. The bottom is flat (horizontal support) and the top is falling (each rally peaks at a lower high). Sellers are getting more aggressive, while buyers are stuck defending the same floor. The breakout almost always comes to the downside. The structure tells you who's in control. Lower highs = sellers willing to sell at progressively worse prices. Flat lows = buyers defending an old level without conviction. Eventually the buyers exhaust and the floor cracks, triggering a sharp move down as trapped longs cut their positions. Measured target: triangle height at its widest, projected DOWN from the support break. A 150-pip pattern implies a 150-pip move below the breakdown.
Real trade example

EUR/USD printed a 4-hour descending triangle in June 2024 with support at 1.0700 and falling highs from 1.0790 to 1.0735. The breakdown sent it to 1.0600 in eight sessions.

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