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.
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 ...
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 ...
The Ethereum price dips 3.94% during Wednesday's U.S. market hours to currently trade at $3,168. The selling pressure likely ...
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 ...
Ethereum price has pushed higher as ETF inflows, rising network activity, and easing macro pressure lifted sentiment this ...
Bitcoin is set to meet the apex of its symmetrical triangle pattern on Saturday. If the pattern is recognized by the algorithms, Bitcoin and other cryptocurrencies could be in for a big weekend move.
A bearish reversal triggered in gold today with a breakdown from an inside day. This follows the 2,195-peak hit on Friday. There are several reasons why last week’s high might be followed by a ...
Pseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether's price rebounded by over 3% to nearly $2,650, a day after testing its upward sloping trendline near $2,500. Ignoring ...