LITE — Descending Triangle

72% ConfidenceDetected Sep 1

Signal Snapshot

As of September 1, 2026, LITE is showing a Descending Triangle pattern with 72% confidence on the daily timeframe. SCTR 6.2 (neutral zone), Confirmed Bull trend. EdgeOS buy trigger $912.17 · Target $967.74 · Stop $877.83.

EdgeOS Levels — LITE

Close
$914.76
Buy Trigger
$912.17
+1 ATR Target
$967.74
Stop
$877.83
SCTR
6.2
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
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Other Patterns — LITE
Bull FlagBear FlagBull PennantBear PennantAscending TriangleSymmetrical TriangleHead and ShouldersInverse Head and Shoulders

Frequently Asked Questions

Is LITE showing a Descending Triangle pattern?

Yes. LITE is currently showing a Descending Triangle pattern with 72% confidence on the daily timeframe (detected 9/1/2026).

What is the confidence level for the LITE Descending Triangle?

The LITE Descending Triangle has a confidence score of 72%. 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 LITE?

LITE's EdgeOS buy trigger is $912.17, target $967.74 (Saty ATR +1), stop below $877.83.

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