Chart pattern · Continuation · Bearish
What is it, in one line
A flat support line with a falling resistance line, compressing toward the bottom.
Bearish · Continuation · verdict: Traditional claim, not yet measured here
A flat support line with a falling resistance line, compressing toward the bottom.
Method
Conventional target: A break below support projects a decline equal to the triangle’s height at its widest point.
Invalidated by: A close back above the falling resistance invalidates the pattern.
Traditional claim, not measured
This is the standard technical-analysis interpretation. It has not been tested against our dataset the way the candlestick formations have.