Scanner of Forex Bullish Triangle Descending
Real Time Patterns (RTP) V2

Operating the Real Time Patterns is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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$20/month afterwards

How It Works

Real-time pattern trading is the easiest way to find entry and exit prices if you can scan hundreds of FOREXs within minutes. It is definitely impossible for humans. Artificial Intelligence (A.I.) not only discovers these patterns, but also checks if they worked out well in the past. Knowing the success rate in the past allows A.I. to establish the odds of success in the future.

Pattern Types and Stats



Triangle Descending

Triangle Descending pattern

The Descending Triangle pattern is formed when the price of a security establishes a support level (1, 3, 5) and bounces off that level to a declining resistance level, creating a down-­sloping top line (2, 4). The breakout can either be up or down, depending if the resistance or highest support level is broken first.

This pattern is commonly associated with directionless markets since the contraction (narrowing) of the market range signals that neither bulls nor bears are in control.

Trade Idea

Once the price breaks out from the top pattern boundary, day traders and swing traders should trade with an UP trend. Consider buying a security or a call option at the breakout price level. To identify an exit, compute the target price by adding the pattern height from breakout point. For upward breakouts the level is the highest high within the triangle (2). Pattern height is the difference between the level of the bottom horizontal line and the highest high.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to sell at or below the breakout price.

Time frames No matter your trading strategy (day trading, swing, etc), we have patterns that will be ready to trade.

5 min
15 min
30 min
1 hour
4 hour
1 day
Triangle Descending (Bullish)
73.342000 RUB CURRENT PRICE

USDRUB - United States Dollar - Russia Ruble

STATUSEmerged
CURRENT CONFIDENCE57%
TARGET (EXIT) PRICE79.047272 RUB
BREAKOUT (ENTRY) PRICE76.220497 RUB
DISTANCE TO TARGET PRICE7.78% - (570.5 pips)
EMERGED ONMar 12, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Triangle Descending
40+
48
25%
Triangle Descending (Bullish)
73.342000 RUB CURRENT PRICE

USDRUB - United States Dollar - Russia Ruble

STATUSEmerged
CURRENT CONFIDENCE60%
TARGET (EXIT) PRICE79.004570 RUB
BREAKOUT (ENTRY) PRICE76.220497 RUB
DISTANCE TO TARGET PRICE7.72% (566.3 pips)
EMERGED ONMar 12, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Triangle Descending
40+
48
25%
Triangle Descending (Bullish)
0.505170 GBP CURRENT PRICE

NZDGBP - New Zealand Dollar - United Kingdom Pound

STATUSEmerged
CURRENT CONFIDENCE64%
TARGET (EXIT) PRICE0.549400 GBP
BREAKOUT (ENTRY) PRICE0.536060 GBP
DISTANCE TO TARGET PRICE8.76% (442.3 pips)
EMERGED ONJan 31, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Triangle Descending
40+
48
25%
Triangle Descending (Bullish)
0.505170 GBP CURRENT PRICE

NZDGBP - New Zealand Dollar - United Kingdom Pound

STATUSEmerged
CURRENT CONFIDENCE64%
TARGET (EXIT) PRICE0.549400 GBP
BREAKOUT (ENTRY) PRICE0.536060 GBP
DISTANCE TO TARGET PRICE8.76% (442.3 pips)
EMERGED ONJan 31, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Triangle Descending
40+
48
25%
Triangle Descending (Bullish)
0.505170 GBP CURRENT PRICE

NZDGBP - New Zealand Dollar - United Kingdom Pound

STATUSEmerged
CURRENT CONFIDENCE58%
TARGET (EXIT) PRICE0.549400 GBP
BREAKOUT (ENTRY) PRICE0.536060 GBP
DISTANCE TO TARGET PRICE8.76% (442.3 pips)
EMERGED ONJan 31, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Triangle Descending
40+
48
25%