what does a descending triangle tell you 
a popular chart pattern used by traders descending triangles clearly show that demand for an asset derivative or commodity is weakening when the price breaks below the lower support it indicates that downward momentum is likely to continue technical traders have the opportunity to make substantial profits over a brief period they often watch for a move below the lower support trend line suggesting that downward momentum is building and a breakdown is imminent traders often enter into short positions to further lower the asset s price 