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 ...
Triangle pattern trading is a strategy many day traders use to enter and exit their positions with confidence as prices stabilize. Triangles are a continuation pattern, meaning they’re not marked by a ...
If you're frustrated by the lack of significant movements and results in your forex trading, it's time to discover the power of the descending triangle pattern. This tool allows you to identify ...
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 ...
Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it. A classic ascending triangle pattern has formed on ...
We’ve looked at reversal patterns (head and shoulders pattern and inverse head and shoulders pattern). In this lesson, we cover continuation patterns, specifically the symmetrical triangle pattern.
Gold (XAUUSD) forms multiple bullish hammer patterns at the support of the ascending triangle. Silver (XAG/USD) breaks above the neckline of the cup pattern at $37. US Dollar Index (DXY) rebounds from ...
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