Descending Continuation Triangle is a bearish pattern signal. This patern presents two trendlines. The bottom line is a horizontal line and the top trendline shapes downward. You can follow the price when the price breaks out the horizontal line. Use the short time frame to get the best price when you follow the rule.
How to trade this pattern?
Sell the currency pair when price breaks out of the descending triangle formation to the downside and closes below the lower support trend line.
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