Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Alistair Berg / Getty Images A triangle chart pattern is a tool used in ...
Correctly identifying and subsequently trading the triangle chart pattern has benefitted many technical forex traders. The triangle pattern is traditionally categorized as a continuation chart pattern ...
As you navigate the complexities of the foreign exchange market, understanding chart patterns like the ascending triangle can elevate your currency trading game to new heights. This comprehensive ...
I’ll break down where copper stands now and what it is signaling for silver. The longer-term monthly chart reveals that copper’s consolidation since 2021 is forming an ascending triangle pattern - a ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
Schlumberger is consistently generating high revenue for several years and has good potential for investment with high returns. The appearance of an inverted head and shoulders pattern and bullish ...
The stock market is often described as a battleground between buyers and sellers, and like any battle, it leaves behind telltale signs. For the savvy investor, those signs are printed directly onto a ...
Support: 1.0969 (Triangle bottom, trend line), 1.0825 (38.2% Fib ret.) Resistance: 1.1170 (Triangle top), 1.1194-1.1223 (Feb 21, Jan 31 highs) A period of consolidation since late January may precede ...
Bitcoin BTC $95,341.18, the leading cryptocurrency by market value, could soon rally to new record highs after breaking through a so-called triangle resistance, according to technical analysis by 10x ...
Lately, we've been looking at the S&P 500 from a daily perspective; making note of the basing price action taking on the shape of a continuation-style inverse head-and-shoulders pattern. The ...