Chart Patterns

Descending Triangle

Also called: falling triangle

A bearish pattern of lower highs pressing down on a flat horizontal support line, coiling toward a downside breakdown.

Schematic of a descending triangle — illustrative geometry, not a live price chart.

A descending triangle is the mirror of the ascending triangle: a falling upper trendline of lower highs squeezes price against one fixed support level. Sellers grow more aggressive while buyers defend a single floor.

A close below the horizontal support on rising volume is the classic trigger, with a measured-move target of the triangle's height projected down. As with all patterns it can fail and resolve the other way.

On StockSetups

StockSetups is long-only, so a descending triangle is filtered off the tradable board — but recognizing it helps you avoid buying into a name still pressing on support.

Related terms

See descending triangle on tonight's board.

StockSetups scans the whole US market after the close and draws the patterns, levels and indicators on every chart.

Start free — 7-day full access →