the descending triangle breaks downward as a continuation pattern more often than it breaks up as a reversal pattern. Rather than drift sideways I'm looking for it to clearly break down and then quickly reverse back up through the triangle and bounce off the upper resistance line to then establish that as the new support. I won't buy if it drifts sideways and if it does break down I'll buy with a stoploss in place as there's not much resistance down to 6.5c if there's no reversal.
http://thepatternsite.com/BustDescTriangles.html
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the descending triangle breaks downward as a continuation...
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