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Descending Triangle Pattern: Trade the Break Below the Floor
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Descending Triangle Pattern: Trade the Break Below the Floor

The descending triangle pattern on gold, GBP/USD and Bitcoin: how to draw it, three ways to trade the breakdown, the wick trap, and when it turns bullish.

james-hartwell james-hartwell · · 24 min read
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What You'll Find at Arxum

Trading Strategies Scalping, swing, position, tested on years of data Indicators Explained RSI, MACD, Bollinger Bands, EMA setups Chart Patterns Head & shoulders, flags, wedges — with real setups Market Analysis BTC, ETH, XAU/USD, EUR/USD breakdowns Prop Trading Pass challenges, trade $25K–$200K of firm capital
Written by active traders — not finance journalists
Alex Rivers
Alex Rivers
Momentum Trader & Technical Analyst
 James Hartwell
James Hartwell
Forex Analyst & Senior Trader
 Nina Carr
Nina Carr
Quant Researcher & Systems Builder

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The rising wedge pattern on Bitcoin, EUR/USD and gold: how to draw it, three ways to trade the breakdown, the confirmations that matter, and where it fails.
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