Breakout Screens - Descending Triangle Pattern
A Descending Triangle Pattern is a bearish pattern which has horizontal support and a descending resistance line.
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.
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.
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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
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