Analysis of Falling Wedge Falling Triangle Setup Patterns

How to Analyze Falling Triangle Setup Patterns

Falling Triangle Pattern

The descending triangle stock chart pattern in indices trading is formed in a down trend and it highlights that the downward direction of stock price move is going to continue.

Falling triangle stock chart pattern is also referred to as falling wedge pattern.

Falling triangle stock chart pattern setup portrays that there's a support zone that the sellers keep pushing each time moving this support zone lower, & once it breaks stock price will continue to move downward.

The support zone temporarily prevents the market from declining lower, while the descending sloping line above the falling wedge stock chart pattern signals that bears are still present.

A downside penetration of the lower line of the descending triangle stock chart pattern is a technical sell signal for a market breaking out down from a descending triangle, & this shows selling will follow.

Falling triangle stock chart pattern setup is found within a Trading downward trend, descending triangle pattern forms as a consolidation period within downward trend & indicates downside stock market trend continuation will follow.

Falling Triangle Patterns - Stock Index Trade Falling Triangle Chart Setup

How Do I Analyze Falling Triangle Patterns?

The stock market formed a descending triangle stock indices pattern during its downwards trend which led to further selling & continuation of the downwards trend.

The technical sell stock indices signal is when stock price breaks out the lower horizontal sloping line of the descending triangle stock indices pattern as selling resumes to push the market stock price lower - continuation of the downward trend.

Study More Lessons and Courses:

Trade Stock Indices

Analysis of Falling Wedge Falling Triangle Setup Patterns

How to Analyze Falling Triangle Setup Patterns

Falling Triangle Pattern