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Descending triangle pattern

The Descending Triangle Pattern is a bearish chart pattern that suggests a stocku2019s price may be about to drop. It forms when the price makes lower highs while repeatedly bouncing off a strong support level. This shows that sellers are in control, and buyers are getting weaker.<br><br>If the price breaks below the support level with high volume, it confirms the pattern and signals a potential downtrend. Traders use this pattern to prepare for a possible sell-off or short-selling opportunities.<br><br>Know More:-https://navia.co.in/blog/descending-triangle-pattern-in-technical-analysis/

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Descending triangle pattern

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