The is a formation.
It is usually forms during a downtrend as a continuation pattern.
There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.
Most traders look to initiate a short position following a high breakdown from lower support in a chart pattern.
In general, the price target for the chart pattern is equal to the entry price minus the vertical height between the two at the time of the breakdown.
stop-loss 1982 nearby
target 1954-1943 near