CMDescending Triangle

70% ConfidenceDetected Aug 4

Signal Snapshot

As of August 4, 2026, CM is showing a Descending Triangle pattern with 70% confidence on the daily timeframe. SCTR 8.9 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $119.08 · Target $120.80 · Stop $118.02.

EdgeOS Levels — CM

Close
$119.27
Buy Trigger
$119.08
+1 ATR Target
$120.80
Stop
$118.02
SCTR
8.9
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
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Frequently Asked Questions

Is CM showing a Descending Triangle pattern?

Yes. CM is currently showing a Descending Triangle pattern with 70% confidence on the daily timeframe (detected 8/4/2026).

What is the confidence level for the CM Descending Triangle?

The CM Descending Triangle has a confidence score of 70%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for CM?

CM's EdgeOS buy trigger is $119.08, target $120.80 (Saty ATR +1), stop below $118.02.

How often does the Descending Triangle succeed?

The Descending Triangle has a historical win rate of 70% when traded with proper volume confirmation and stop placement. Average time to target: 17 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice