Ethereum’s native token, Ether (ETH), could reach above $10,000 in the coming weeks as it paints what appears to be an “ascending triangle” technical pattern. Ascending triangles are bullish ...
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 ...
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 used in technical ...
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 ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
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.
The idea is that whenever a price of a given asset (for instance gold or mining stocks) forms a triangle, its apex is the moment when we can expect some kind of a reversal. Such a triangle is created ...
The rising wedge and ascending triangle patterns are essential tools that assist the traders in making informed decisions; they help predict the price fluctuations that are integral to any financial ...
For forex traders looking to add strategies to their arsenal, learning about market reversal trading can provide yet another way to capitalize on market moves. Reversal trading involves the ...