What is a Descending Channel? EUR-USD | Vantage FX UK

Allow Vantage FX UK (https://www.vantagefx.co.uk/) to teach you about Descending Channels while looking at recent EUR-USD pairs. Why not try a Free Demo FX Trading Account today? Descending Channel This occurs when the price is moving downward, but the range is contained between lower highs and lower lows. As the price pivots inside a lower high and lower low, the channel formed will show a bearish price movement. The slope of the channel shows the momentum -- the more downward the channel, the higher the momentum. Traders will look to stay short in the trend until a breakout to the upside occurs.