POET — Descending Triangle

70% ConfidenceDetected Sep 1

Signal Snapshot

As of September 1, 2026, POET is showing a Descending Triangle pattern with 70% confidence on the daily timeframe. SCTR 0.0 (bearish zone), Confirmed Bear trend. EdgeOS buy trigger $7.65 · Target $8.12 · Stop $7.35.

EdgeOS Levels — POET

Close
$7.46
Buy Trigger
$7.65
+1 ATR Target
$8.12
Stop
$7.35
SCTR
0.0
Trend
Confirmed Bear
Bull Count
0
Bear Count
2
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Other Patterns — POET
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Frequently Asked Questions

Is POET showing a Descending Triangle pattern?

Yes. POET is currently showing a Descending Triangle pattern with 70% confidence on the daily timeframe (detected 9/1/2026).

What is the confidence level for the POET Descending Triangle?

The POET 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 POET?

POET's EdgeOS buy trigger is $7.65, target $8.12 (Saty ATR +1), stop below $7.35.

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