
So you look at that pattern(above), and what does Brian Shannon say "The more times support is tested the more likely it is to break. that Pink line was tested 3 times(rule of 3's) and then breaks. The descending resistance(red line) bounces lower and lower each time. this is similar to how a "cup and handle" form. It as well is an Ascending or descending triangle.
Here is yet another one(Above), this one breaks down, then pops back up above resistance.
This is a rising wedge(Above).... You have to remember "Day one Lesson One" of geometry, Every line is made up of more than 1 point in a row. (brian says, The more points the more valid the trend line).
So, Above illustrates a Bear flag, in the form of a wedge.
This is the same pattern only I show how One could think it's an "Ascening triangle", but it's missing support.
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