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ETHUSD 1H DESCENDING TRIANGLE CHART PATTERN

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Trend Analysis Chart Patterns Descending Triangle breakouttrading tradingstrategyguides 1h ETHUSD Ethereum (Cryptocurrency) Cryptocurrency
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trendanalysis chartpattern descendingtriangle breakouttrading tradingstrategyguides 1h ethusd ethereum cryptocurrency
The descending triangle pattern is a continuation chart pattern that develops in the middle of a downtrend. However, in some instances this can play as a descending triangle reversal, also known as the bullish descending triangle pattern.
Note: The more a support level is tested the weaker it becomes.
Additionally, the breakout candle must also produce a close below the flat support level for a valid trade setup.
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