Oro / DollaroLong
XAUUSD
As you probably guessed, descending triangles are the exact opposite of ascending triangles (we knew you were smart!).
In descending triangle chart patterns, there is a string of lower highs which forms the upper line. The lower line is a support level in which the price cannot seem to break..
In descending triangle chart patterns, there is a string of lower highs which forms the upper line. The lower line is a support level in which the price cannot seem to break..
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