Original link: https://muyexi.im/xia-jiang-san-jiao-xing-ding-bu-fan-zhuan/
The descending triangle is often seen as a relay pattern, but sometimes it also appears as a top reversal pattern. Here are two examples:
Gold-Daily-83 Days
Soybean meal-2 hours-11 days
Features
- The top keeps lowering and the moving averages are dense.
- At the end of the moving average or structure, pay attention to the reaction of the previous high price.
- Small levels are waiting for signs of top or entry below the moving average.
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