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A bearish chart pattern used in technical analysis that is created by drawing one trendline that connects a series of lower highs and a second trendline that has historically proven to be a strong level of support. Traders watch for a move below support, as it suggests that downward momentum is building. Once the breakdown occurs, traders enter into short positions and aggressively push the price of the asset lower.
Read more: Descending Triangle http://www.investopedia.com/terms/d/descendingtriangle.asp#ixzz4vx3ZKZ3i