{"id":4432,"date":"2023-03-14T12:00:30","date_gmt":"2023-03-14T12:00:30","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/descending-triangle\/"},"modified":"2023-03-14T12:00:30","modified_gmt":"2023-03-14T12:00:30","slug":"descending-triangle","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/descending-triangle\/","title":{"rendered":"Descending Triangle"},"content":{"rendered":"<p>\nThe Descending Triangle is a bearish technical analysis pattern. It is formed when the price of a security moves in a downward direction. It is bound by a horizontal support level and a downward-sloping trendline which ultimately connects the series of lower highs. This pattern is seen when the price of a stock is characterized by a series of lower highs and a flat lower support level.<\/p>\n<h2>How to interpret the descending triangle pattern?<\/h2>\n<p>The Descending Triangle is considered a bearish pattern. This pattern indicates that the stock is losing upward momentum and that downward pressure may be building. Most traders use this Pattern as a potential sell signal as they expect that the price of the stock will eventually break down through the support level and continue to decline.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>The Descending Triangle is a bearish technical analysis pattern. It is formed when the price of a security moves in a downward direction. It is bound by a horizontal support level and a downward-sloping trendline which ultimately connects the series of lower highs. This pattern is seen when the price of a stock is characterized [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-4432","post","type-post","status-publish","format-standard","hentry","category-trading"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4432"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4432\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}