LONG POSITION
Descending Trend Line
A descending trend line is a chart pattern containing two or more lower highs that can be connected with a straight line that has a negative slope.
It is a bearish pattern created by connecting two or more highs, with each successive high lower than the previous low.
This creates a downward sloping trend line
A descending trend line is a chart pattern containing two or more lower highs that can be connected with a straight line that has a negative slope.
It is a bearish pattern created by connecting two or more highs, with each successive high lower than the previous low.
This creates a downward sloping trend line
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