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 ...
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.
Natural gas turns down and drops to a five-day low as heads towards a test of support at the lower boundary line of a symmetrical triangle. At this time of this writing the low for the day was 1.63, ...
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 ...
Shiba Inu (CRYPTO: SHIB) enjoyed some early session volatility that caused the crypto bounce almost 4% before falling to near flat as investors mulled GDP and jobs data. Despite some volatility, Shiba ...
Ethereum price has pushed higher as ETF inflows, rising network activity, and easing macro pressure lifted sentiment this ...
Analysts have been observing the symmetrical triangle pattern formed by Cardano (ADA) since late 2024, ranging between $0.60 and $0.80, with buyers and sellers soon reaching parity. Currently, the ...
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 ...
Bitcoin (BTC) has surged by over 60% year-to-date as of May 2024, helped by capital inflows toward its newly-introduced exchange-traded funds (ETF) in the U.S. and expectations of interest rate cuts ...
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