A descending triangle forms when price makes lower highs against flat support, as sellers press harder on each rally. It is usually read as bearish, and a close below support signals the breakdown. This screen lists stocks on Asian exchanges where a descending triangle pattern was identified on one of the last five bars, most actively traded first. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
