Bearish symmetrical triangle

1. Introduction

Bearish Symmetrical Triangle is a pattern consisting of two converging trend lines. This pattern means that the amplitude of price fluctuations is getting smaller and smaller, and the price may eventually break through downward and continue falling.

2. Feature

2.1 The top is getting lower and lower, and the bottom is getting higher and higher;

2.2 The price has recently broken through the upward support line formed by connecting the recent bottoms.

风险及免责提示 This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Helpful？

Yes No