Video Library: Stock Investing LessonsChart Patterns Video LibraryDescending Triangle Video: You Need to Trade This Pattern

Descending Triangle Video: You Need to Trade This Pattern

Research Performed With TrendSpider

Many traders overlook the reliability of the descending triangle pattern, yet it consistently proves to be an accurate predictor of future price movements.

Research spanning twenty years highlights that the descending triangle pattern boasts an 87% success rate in bull markets, with an average profit potential of +38%.

Did you know TrendSpider can automatically detect chart patterns for you?

Read the full article here: How to Trade a Descending Triangle’s 87% Success Rate

My favorite trading tools are TrendSpider and TradingView. This research was performed with TrendSpider, but TradingView is also excellent.

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