A Descending Triangle Pattern is a bearish pattern which has horizontal support and a descending resistance line.
The Stock Screener supports different support and resistance trading strategies. Some examples are listed in this article.
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.
Triangle patterns are well-known chart patterns within the field of technical analysis. They exist in different formations, bullish, bearish or symmetrical.
In depth explanation of triangle chart pattern and how to use it
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The Descending Triangle Pattern Filter
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Support and Resistance Lines on the chart
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