XLYDescending Triangle

69% ConfidenceDetected Sep 1

Signal Snapshot

As of September 1, 2026, XLY is showing a Descending Triangle pattern with 69% confidence on the daily timeframe. SCTR 4.5 (neutral zone), Confirmed Bear trend. EdgeOS buy trigger $117.59 · Target $118.81 · Stop $116.83.

EdgeOS Levels — XLY

Close
$116.59
Buy Trigger
$117.59
+1 ATR Target
$118.81
Stop
$116.83
SCTR
4.5
Trend
Confirmed Bear
Bull Count
0
Bear Count
4
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Frequently Asked Questions

Is XLY showing a Descending Triangle pattern?

Yes. XLY is currently showing a Descending Triangle pattern with 69% confidence on the daily timeframe (detected 9/1/2026).

What is the confidence level for the XLY Descending Triangle?

The XLY Descending Triangle has a confidence score of 69%. 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 XLY?

XLY's EdgeOS buy trigger is $117.59, target $118.81 (Saty ATR +1), stop below $116.83.

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