Descending Triangle in Technical Analysis

The priority for a trader working in financial markets is profitable trading and investment. To earn a stable income, you need to determine the beginning of a trend correctly. According to most professionals, trading with the trend is the only effective way to get the maximum possible profit with minimum risks.

However, it is not always easy to spot the trend beginning as the market is often unpredictable. Here, one can use different candlestick chart patterns of both trend reversal and continuation. One of the patterns signaling a trend beginning is a descending triangle formation covered in this article. Read… Read full author’s opinion and review in blog of #LiteFinance