All patterns
Quasar-31 › BNBUSD (BNB / US Dollar) · 15m
Descending Triangle
Breakout confirmedBearish
Quality45%
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Draw it on TradingView
No bar counting. Copy the Pine Script and paste it into TradingView; the pattern, breakout, target and invalidation lines are drawn on exactly these candles.
- 1.Copy the script and open the chart on TradingView.
- 2.Open the Pine Editor at the bottom, clear it and paste.
- 3.Click "Add to chart"; the drawings appear.
Swing points
| Point | Candle open (UTC) | UTC | Bar # | Price |
|---|---|---|---|---|
| H1 | Nov 1, 03:00 PM | Nov 1, 03:00 PM | 0 | 717.75 |
| L2 | Nov 1, 10:15 PM | Nov 1, 10:15 PM | 29 | 704.75 |
| H3 | Nov 2, 03:30 AM | Nov 2, 03:30 AM | 50 | 716.00 |
| L4 | Nov 2, 07:45 AM | Nov 2, 07:45 AM | 67 | 706.09 |
| H5 | Nov 2, 08:45 AM | Nov 2, 08:45 AM | 71 | 711.65 |
| BRK | Nov 2, 10:45 AM | Nov 2, 10:45 AM | 706.51 |
Bar #: candles counted from the pattern's first point. Times are candle open times.
Lines
- ResistanceNov 1, 03:00 PM · 718.23 → Nov 2, 10:30 AM · 712.25
- SupportNov 1, 03:00 PM · 703.73 → Nov 2, 10:30 AM · 706.48
This pattern's track record
On the 15m chart
50%
Target reached after breakout
- Breakout rate
- 58%
- Reached half the target
- 59%
- Average time to target
- 11.3 h
- Cases
- 135 resolved cases
All timeframes
44%
Target reached after breakout
- Breakout rate
- 57%
- Reached half the target
- 59%
- Average time to target
- 11.8 days
- Cases
- 487 resolved cases
What is this pattern?
Lows stay level while highs fall. A close below support targets the triangle's starting height lower.
A close above the last high invalidates the pattern.
This is not investment advice. Patterns describe probabilities; the same pattern can resolve differently. Levels use classic technical-analysis measuring rules.