Descending Trend Line
a.k.a. Downtrend line
A line drawn across two or more falling highs, acting as a sloping ceiling in a downtrend.
In plain English
A line drawn across two or more falling highs, acting as a sloping ceiling in a downtrend.
A descending trend line links lower highs. Each time price rallies to it and gets knocked back, the line looks more like sloping resistance.
A decisive close above it suggests sellers are losing their grip. Compare ascending trend line.
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