What Happens after a Descending Triangle Chart Pattern? - Bearish Descending Triangle Chart Pattern

A Descending triangle pattern is a bearish continuation pattern - This is a market trading signal which shows the current market trend is taking a break before resuming the current downward direction of the market currency pair.

If the Descending triangle downward continuation pattern forms it trading signals which the market is taking a pause before resuming the current downwards trend. The Descending triangle continuation pattern in a downwards trend is known as a falling wedge which signals that the price is consolidation but keeps moving lower & lower forming a chart pattern that looks like a falling wedge. Traders should wait for a confirmation of this Descending triangle pattern before opening a trade based on this bearish continuation chart pattern. Once there is a forex price break-out to the down side then the Descending triangle continuation chart pattern is confirmed & prices will then continue to move in direction of the current downwards forex market trend.