Descending Trend Channel

Descending Trend Channel
These are the general chart designs used in the technical analysis. It is made by drawing two trend lines in which one is drawn through the high costs for the asset and one is drawn through the low costs of an asset. If the prices of trend are downward, the gap between the linescreates a trend channel. Just like the ascending channel, the descending channels areregarded as equipmentfor finding that whether the temporary trend in cost will go on or not. When the costs remain within the area explained by trend channel, the traders expect the whole trend to move on just like it. If the costs breakupward from a network, the signal is regarded as bullish whereas if the costs break downward it is known as simply bullish.