Browse Stacks: Patterns: slopechart_HUSA.jpg

Forgive me, I'm new to this concept, but am I right that this type of pattern can indicate a trend reversal? In this case moving bearish? 
 
Thanks for posting. 3/10/22

In this case yes - we got 20% fade today. But keep an eye on it - see if it reverses. 3/11/22