Breakout Screens - Descending Triangle Pattern
A Descending Triangle Pattern is a bearish pattern which has horizontal support and a descending resistance line.
Related Articles
Descending Triangle Pattern
A Descending Triangle is formed by drawing a horizontal line that connects a series of lower highs and a descending trendline that connects a series of equal or slightly lower lows.
Support and Resistance Stock Screener and Trading Strategies
The Stock Screener supports different support and resistance trading strategies. Some examples are listed in this article.
Triangle Chart Patterns
Triangle patterns are well-known chart patterns within the field of technical analysis. They exist in different formations, bullish, bearish or symmetrical.
Related Videos
Average Volume: 50 SMA > 500K
Minimum Liquidity
Descending Triangle
The Descending Triangle Pattern Filter
Price: Above 20
Minimum Price
Support and Resistance Lines on the chart
Regional Run
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.