lowtrade

[PlanTrader]

Ok, got it. To explain what I'm talking about here the text from the website:

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:chart_patterns:descending_triangle_

The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.

They say it's USUALLY formed as continuation of a downtrend but "sometimes" forms after an uptrend as a reversal. Not that the pattern itself determines the trend.

Know what I'm talking about now? LOL