Descending Trendline

Descending Trendline
This trend line is defined as different types of trend lines. This is regarded as most important tool for technical analysis. These lines are just the trend lines having a negative slope that shows decreasing costs. There are two kinds of descending trend lines named as descending bottom trend lines and descending top trend lines. In the top trend lines, the high costs for an asset keeps falling and in the bottom trend line, the low costs of an asset keep decreasing. The rules used while trading by using this trend line is as similar as rulesmade fordealing with the trend lines normally