Descending Triangle

Descending triangle is a continuation pattern that forms when price makes a series of lower highs and lower lows, with a horizontal support line at the bottom.

Conditions

Period max(10, High(-1) ) lower than Period max(10, High(-11) ) * 0.99 and Period max(10, High(-1) ) lower than Period max(10, High(-11) ) * 0.99 and Period min(10, Low(-1) ) higher than Period min(10, Low(-11) ) * 0.996 and Period min(10, Low(-1) ) lower than Period min(10, Low(-11) ) * 1.004 and Period min(10, Low(-11) ) higher than Period min(10, Low(-21) ) * 0.996 and Period min(10, Low(-11) ) lower than Period min(10, Low(-21) ) * 1.004

stocks